CSX sees growth in domestic manufacturing with 600+ new projects, optimistic about future

From Yahoo Finance: 2025-05-22 18:44:00

CSX Corporation (NASDAQ:CSX) is benefiting from a surge in industrial development as U.S. manufacturing increases under new government incentives. CEO Joe Hinrichs reported 37 new plants opening along CSX’s rail network in 2024, with ongoing projects rising from 500 to 600. Despite challenges like tariffs and operational strains, CSX remains optimistic about its future growth. Analysts are monitoring the company’s recovery timeline and exposure to trade risks as potential earnings drivers or setbacks.



Read more at Yahoo Finance: CSX Corporation. (CSX) Sees Growth as 600+ New Projects Ride Domestic Manufacturing Wave