LAGUNA BEACH, Calif. — U.S. railroad traffic levels have been stagnant over the past 15 years because the Class I railroads were obsessed with profit margins while neglecting growth opportunities, CSX CEO Joe Hinrichs says. Hinrichs, speaking at an investor conference last week, was asked why railroads have struggled to grow, even setting aside the […]
CSX CEO says railroads have struggled to grow due to fixation on profit margins
