Is CSX Corporation Stock Underperforming the Dow?

With a market cap of $56.9 billion, Jacksonville, Florida-based CSX Corporation (CSX) is a leading transportation company in the United States, specializing in rail-based freight transportation services. Through its subsidiary, CSX Transportation, it operates a vast rail network spanning approximately 20,000 route miles across 26 states, the District of Columbia, and parts of Canada.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and CSX fits this criterion perfectly. CSX provides essential links in the supply chain, transporting a variety of goods, including chemicals, agricultural products, automotive materials, and coal. It also offers intermodal services, rail-to-truck transfers, and short-term locomotive leasing.