Is CSX Corporation Stock Underperforming the Nasdaq?

With a market cap of $64.9 billion, Jacksonville, Florida-based CSX Corporation (CSX) is a leading transportation company in the United States, specializing in rail-based freight services. Its extensive rail network, spanning approximately 20,000 route miles, connects key population centers across 26 states, the District of Columbia, and parts of Canada. 

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and CSX Corporation fits this criterion perfectly. Through its primary subsidiary, CSX Transportation, the company provides intermodal transportation, rail-to-truck transfers, and bulk commodity operations.