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CSX Corp (CSX)

27.29
-0.70 (-2.50%)
NASDAQ · Last Trade: Apr 5th, 7:36 PM EDT
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Competitors to CSX Corp (CSX)

BNSF Railway BRK-B -6.91%

BNSF Railway, owned by Berkshire Hathaway, is a major player in the North American freight rail landscape and presents significant competition to CSX. With a wide network stretching across the western and central regions of the U.S., BNSF offers diverse freight services, including agricultural, industrial, and intermodal transportation. BNSF’s operational efficiency and resources, backed by Berkshire Hathaway, provide it with substantial capital for expansion and modernization, granting it a competitive advantage over CSX in terms of infrastructure investment and service offerings.

Canadian National Railway CNI -1.75%

Canadian National Railway moves freight across North America and competes with CSX by providing integrated shipping solutions that connect Canada and the United States. CNI offers diverse transportation options, including rail and trucking services, which can provide customers with seamless logistics solutions. While CSX primarily focuses on domestic transport in the U.S., Canadian National's international reach allows it to attract businesses looking for cross-border freight options. This broader operational scope gives CNI a slight competitive advantage over CSX in certain scenarios.

Norfolk Southern Corporation NSC -4.44%

Norfolk Southern Corporation operates a vast railroad network that directly competes with CSX in transporting coal, automotive, agriculture, and intermodal freight across the eastern United States. Both companies invest heavily in infrastructure and technological advancements, but Norfolk Southern has focused on enhancing its operational efficiency through precision railroading techniques, which has increased its service reliability. CSX holds a competitive advantage in certain regions and has made significant enhancements to its digital platforms, making the competition particularly close.

Union Pacific Corporation UNP -4.78%

Union Pacific Corporation is one of the largest freight rail networks in the western United States, competing with CSX particularly in the intermodal and import/export freight segments. While CSX primarily serves the eastern part of the country, Union Pacific has a more extensive geographic coverage, allowing it to provide services to West Coast ports. This geographic advantage gives Union Pacific a competitive edge in transcontinental shipping, but CSX maintains a strong foothold in the crucial eastern markets where it serves major urban centers.