CSX executive to speak at Deutsche Bank transportation conference

JACKSONVILLE, Fla. - CSX Corp. (NASDAQ:CSX), a $66.4 billion market cap transportation giant currently trading near its 52-week high of $37.10, announced Wednesday that Executive Vice President and Chief Commercial Officer Kevin Boone will address Deutsche Bank’s 2025 Transportation Conference in New York on Tuesday, August 12, at 9:00 a.m. Eastern time.

The company said the address will be broadcast live via webcast on CSX’s investor relations website, with a replay available after the event concludes.

CSX, headquartered in Jacksonville, Florida, provides rail, intermodal and rail-to-truck transload services across various markets including energy, industrial, construction, agricultural and consumer products.

The transportation company operates a network connecting major metropolitan areas throughout the eastern United States, where approximately two-thirds of the nation’s population resides. CSX also links more than 240 short-line railroads and over 70 ocean, river and lake ports with population centers and farming communities.

The company has been involved in the nation’s economic expansion and industrial development for nearly 200 years, according to the press release statement.

In other recent news, CSX Corporation reported its second-quarter earnings, with earnings per share reaching $0.44. This figure exceeded estimates from multiple analysts, including Benchmark and Evercore ISI, by two cents, attributed to reduced operating expenses. The company is also exploring potential rail consolidation options with the assistance of Goldman Sachs, following a major merger announcement by competitors. While these discussions are ongoing, there is no certainty that they will lead to a transaction.

In addition to these developments, several analyst firms have raised their price targets for CSX. Benchmark increased its target to $40, citing network improvements and project completions, while Raiffeisen and Evercore ISI both raised their targets to $39, highlighting the company’s ONECSX initiatives and strong earnings performance. These adjustments reflect positive sentiments about CSX’s operational improvements and future prospects.

The emphasis on network enhancements comes after CSX faced challenges due to adverse weather conditions in the first quarter. Despite these hurdles, the company’s network is showing signs of recovery. Investors are closely watching these developments as CSX continues to navigate the rail industry’s evolving landscape.

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