Analyzing the investment case for the railroad stock.
News & Analysis: CSX
The railroad reported a record low operating ratio despite COVID-19 challenges.
The sector remains a good way to play a recovery in economic growth.
CSX earnings call for the period ending March 31, 2020.
Cars and car parts shipments plunge 88% year over year.
Adoption of new management techniques threatens the medium-term outlook for the railroad suppliers.
The latest earnings reports from the listed Class 1 railroads demonstrated their ability to improve profitability even in a weak trading environment.
The industrial economy is starting 2020 in difficult shape, but railroads are improving operational performance and CSX expects improvement in the second half.
CSX earnings call for the period ending December 31, 2019.
Reviewing CSX's earnings and what they mean to the rest of the railroad industry.