CSX Rides Late CEO’s Revamp to U.S. Railroad-Efficiency Record
- Shares jump as current boss extends Hunter Harrison’s overhaul
- Freight demand for coal, consumer goods fuel sales increase
A CSX Corp. freight train passes a railroad crossing gate in Covington, Kentucky.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
The legacy of Hunter Harrison lives on for CSX Corp. investors.
The efficiency gains rammed through by the late turnaround artist are paying some of their biggest dividends yet since he died unexpectedly in December following a nine-month whirlwind of activity that transformed the railroad.