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CSX Corp: Track Changes
By Tom Steinert-Threlkeld
2005-04-06
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CSX Corp: Track Changes - 'ZIFFPAGE TITLECSX Corp' (
Page 4 of 4 ) . Base Case">
CSX Corp. Base Case
Headquarters:
500 Water St.,
15th Floor,
Jacksonville,
FL 32202
Phone: (904) 359-3200
Business: Largest freight train operator on the East Coast.
Chief Technology Officer: John L. West
Financials in 2004: $8 billion in revenue; $418 million in net income from continuing operations; net profit margin 4.6%.
Challenge: Run freight trains on a fixed schedule, throughout network; minimize improvisation; maximize efficient use of trains, rail yards and personnel.
Baseline Goals:
- Increase the number of cars on its rail lines on any given day, from 236,289 at end of February 2005.
- Improve average speed of a train, which fell to 20.3 mph in 2004, from 21.1 mph in 2003.
- Reduce amount of time a train spends in a terminal between runs, which rose to 28.7 hours in 2004, from 25.3 hours in 2003.
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