Breaking News

Tweet TWEET

CSX CFO Highlights Continued Long-term Growth Supported by Intermodal Expansion

    CSX CFO Highlights Continued Long-term Growth Supported by Intermodal
                                  Expansion

PR Newswire

JACKSONVILLE, Fla., June 11, 2013

JACKSONVILLE, Fla., June 11, 2013 /PRNewswire/ -- Expansion in domestic and
international intermodal markets will help to drive continued long-term
profitable growth at CSX, the company's Chief Financial Officer Fredrik
Eliasson told analysts today at the 2013 Cowen and Company 6^th Annual Global
Transportation Conference in New York.

"Our network serves nearly two-thirds of the nation's population and is
well-positioned to capture a significant share of the domestic intermodal
market opportunity, estimated at about 9 million total loads in the eastern
United States," Eliasson said. "Investments in expanded capacity will help
convert this long-run opportunity, building on about 30 percent growth in our
intermodal business over the last three years."

CSX shipped 2.5 million intermodal containers in 2012, with 90 percent of that
traffic in double-stacked service. The company continues to invest in capital
projects to expand its intermodal network, which will further increase
double-stacked corridors by 2015 with hubs aligned with major ports and
population centers.

Eliasson also appeared on the "Bloomberg Surveillance" television and radio
program prior to his conference appearance to discuss the renaissance in the
rail industry and CSX's balanced approach to creating shareholder value. To
view the interview, visit
http://www.bloomberg.com/video/u-s-oil-boom-boosting-railway-growth-csx-cfo-says-Wl0YaR8OS8S4w5~g8dsvtQ.html.

For more information about CSX's growth and balanced capital approach, visit
http://investors.csx.com/phoenix.zhtml?c=92932&p=irol-irhome.

About CSX

CSX, based inJacksonville, Florida, is a premier transportation company. It
provides rail, intermodal and rail-to-truck transload services and solutions
to customers across a broad array of markets, including energy, industrial,
construction, agricultural, and consumer products. For more than 185 years,
CSX has played a critical role in the nation's economic expansion and
industrial development. Its network connects every major metropolitan area in
the easternUnited States, where nearly two-thirds of the nation's population
resides. It also links more than 240 short-line railroads and more than 70
ocean, river and lake ports with major population centers and small farming
towns alike. More information aboutCSX Corporationand its subsidiaries is
available atwww.csx.com. Like us
onFacebook(http://www.facebook.com/OfficialCSX) and follow us on Twitter
(http://twitter.com/CSX).



SOURCE CSX

Website: http://www.csx.com
Contact: David Baggs, Investor Relations, 904-359-4812, or Melanie Cost,
Corporate Communications, 877-835-5279