CSX is positioning itself to continue delivering strong financial results by balancing stabilized service levels, improving efficiency and continued growth opportunities, Chief Transportation Officer Cindy Sanborn told an industry audience this week at the annual RailTrends conference in New York City.
The number of people who took Amtrak in Fiscal Year 2014 increased 0.2 percent from a year earlier while ticket revenues increased 4 percent, the railroad said. “Amtrak is clearly selling a product that is very much in demand,” Amtrak Board Chairman Tony Coscia said in a news release. “Achieving strong ridership and revenue despite the challenges with aging infrastructure and freight rail congestion demonstrates Amtrak’s commitment to improving its financial and operating performance, and is a credit to Amtrak’s management and staff. It is now time to leverage Amtrak’s successes in increasing ridership and improving performance by making much-needed