CSX with some modest upside on Q4 earnings and revenue.

Our Morgan Brennan joins us here at post 9 this morning with the CEO.

Hey Morgan.

Hey Carl, that's right.

And joining me or joining us, I should say, Joe, it's great to have you on post earnings.

I'm going to just jump right in.

Q4 revenue down, volumes up for 2024, though,

you're forecasting revenue growth and volume to grow as well.

How does that speak to the timing and magnitude

of a great recovery this year?

Yeah, we're feeling optimistic actually. What we saw in December was interesting.

Chemicals, Forest Products, International Motor, Intermodal all year long. We're down until December. We started seeing an

inflection positive. Autos, coal, metals, and minerals have been positive all year

and we see that continuing. So we're actually feeling pretty good about what we're

seeing with demand side right now. So on a day where we're getting our first fourth quarter GDP reading, it's coming in 3.3%

so much stronger than everybody expected. That sounds about right to you?

It does. We saw domestic intermodal pick up last seven, eight months

and sequentially every month and as I said you know autos metals minerals some of

those things and chemicals plastics more tied to consumers started to see an inflection in December.

So starting off well into the year, obviously the Arctic weather didn't help us a little bit

there in the last couple of weeks, but we're feeling good about what we're seeing on the demand side.

It's interesting to hear you say that because we know railroads are so tied to the industrial

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