The Daily CSX: CSX’s $1.6B 2018 capital plan reflects 22% decrease over 2017

Written by  Mischa Wanek-Libman, Editor, RT&S Magazine; January 18, 2018

CSX plans a 2018 capital program of $1.6 billion as it continues to strive toward greater capital efficiencies as part of its implementation of precision scheduled railroading.

“There is no turning back,” CSX CEO Jim Foote said on the Class 1’s 2017 Q4 earnings call. “I am committed to follow through on implementing the scheduled railroad business model at CSX.”

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