CSX Earnings Preview: Pricing Increase Could Offset Sluggish Volumes

CSX's coal carloads have declined due to weak export prices and domestic demand. Carloads of industrial commodities such as chemicals, petroleum products, metals and automobiles, and intermodal carload were sluggish due to the bad weather. The railroad's revenue will be majorly reliant on its pricing, which is expected to show robust growth this year. Its operating ratio (operating expenses expressed as a percentage of revenue) is likely to have benefited from the pricing increase, as well as a ...