CSX Corp (MEX:CSX)

MXN 661.92 0 (0%) Market Cap: 1.27 Til Enterprise Value: 1.62 Til PE Ratio: 17.48 PB Ratio: 4.85 GF Score: 71/100

CSX Corp at Morgan Stanley Laguna Conference Transcript

Sep 11, 2019 / 03:10PM GMT

Release Date Price: MXN462.79

Transcript

Ravi Shanker

Morgan Stanley, Research Division - Executive Director

Great. Let's kick off the transportation track of the conference, and we're very pleased to kick off with CSX. I'm very happy to have CEO, Jim Foote with us. Jim, welcome.

James M. Foote

CSX Corporation - President, CEO & Director

Good to be here.

Questions & Answers

Ravi Shanker

Morgan Stanley, Research Division - Executive Director

So maybe if we can kick off the Q&A with probably the topic that's foremost on everyone's minds, which is what's the macro environment like, what's demand like. Again, if you just look at -- I don't think it was a surprise to anyone that carload data across the rails has been weak all year, coming into the year. But I think in some areas, it has been weaker than expected across the industry. So if you can just give us kind of a little bit of a recap for the first half of the year kind of how things have trended versus your expectations and kind of maybe set the stage for what the second half looks

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