CSX delivered a robust first quarter with 3% volume growth, 2% revenue expansion, and significant cost reductions driving 26% EPS growth and record fuel efficiency, reflecting strong operational execution amidst market uncertainties.

• Revenue increased 2% driven by pricing gains and fuel recovery, offsetting mix impacts; expenses decreased 6%, yielding 20% operating income growth.
• Operating expenses fell by $153 million due to efficiency initiatives, headcount reductions, and asset utilization improvements.
• Fuel efficiency hit a record 0.97 gallons per 1,000 GTMs, with strategic cost controls on fleet and labor supporting margins.
• Safety metrics improved notably with a 13% reduction in FRA injury rate and 30% fewer train accidents; operational resilience maintained through severe weather events.
• Continued focus on cost discipline, operational productivity, and network enhancements positions CSX for sustainable performance ahead, despite ongoing macroeconomic and geopolitical headwinds.