U.S.: CSX CEO not concerned about increased regulation under Biden administration

By Will Brown, Reporter, Jacksonville Business Journal; November 18, 2020

Although 2020 has had plenty of challenges, CSX Corp. CEO James Foote was pleasantly surprised about how the year has transpired, he said Tuesday, the one-year anniversary of the first case of the SARS-CoV-2 virus being diagnosed.

“Everything has come back, clearly faster than what I, personally, had expected,” Foote said Tuesday during his remarks at the Stephens Annual Investment Conference. “And that’s a good thing. The consumer economy has outperformed everyone’s expectations. We had two differing economic environments going into this. A very sluggish (industrial economy) for a year and a consumer economy doing very well.”

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