CSX Corp. Chief Executive Hunter Harrison said the railway expects to win back any market share lost during the summer and sought to reassure investors that service problems were resolved. Speaking Tuesday on the company’s third-quarter earnings call, Mr. Harrison once again blamed poor execution of his so-called precision scheduled railroading plan for congestion, delays and erratic service in July and August. Customers scrambled to ship goods by truck and, where possible, a competing railroad to keep orders flowing and...

Source: Wall Street Journal October 17, 2017 17:37 UTC