On its third-quarter 2026 earnings call on Oct. 21, 2026, CSX reported EPS up 30% from last year's adjusted result. Management cut nonfuel costs by 3% while handling 5% more volume, expanding operating margin by over four percentage points. Tight truck capacity and high diesel prices pushed freight to rail, lifting intermodal volume 7% year over year to an all-time record. CEO Stephen F. Angel expects full-year operating margin expansion of more than 350 basis points, while the company watches conductor trainee staffing.
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