, Columnist
Warren Buffett Will Decide When It’s Time to Do a Rail Deal
On his time.
Photographer: Daniel Acker/Bloomberg
CSX Corp. had a rough go this year, but it’s starting to see the light at the end of the tunnel.
Hurricanes Milton and Helene washed out tracks and rail bridges, cutting a main line. The company had to move forward on a scheduled tunnel expansion in Baltimore that crimped port traffic beginning in February; it reopened last week. The good news is that CSX is well on its way to recovering from these external factors.