For CSX And Norfolk Southern, Panama Canal Expansion Could Be A Positive
Intermodal shipments are comprised of import and export container traffic as well as domestic container and trailer traffic. Since the rail networks of both CSX and Norfolk Southern are concentrated to the east of the Mississippi river, their international intermodal shipments pertain to container traffic from East Coast ports. Thus, to a large extent, the growth in intermodal shipments for these two companies is tied to the growth in container traffic at U.S. East Coast ports. The ongoing expansion of the Panama Canal, upon its completion, presents an opportunity for an increase in container traffic at East Coast ports.

Vía Forbes Real Time