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Joseph Hinrichs

Former President, Chief Executive Officer & Director, CSX Corporation

Search every verified Joseph Hinrichs interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Joseph Hinrichs, president and chief executive officer of CSX, discussed the company’s fourth-quarter 2024 performance and outlook during a January 22, 2025 earnings call. He stated that the company had been resilient in adapting to changing markets and operating conditions, and noted that CSX led the rail industry in reaching early five-year labor agreements with unions, which he said provided certainty for customers. He also commented on the Howard Street tunnel project, describing it as one of the company’s most important initiatives, and said the timeline had been accelerated from three years to one, with completion expected in 2025. Hinrichs indicated that this acceleration would result in higher rerouting and customer-care expenses in 2025 but would deliver benefits sooner. Hinrichs also addressed operational and regulatory topics, including efforts to convert truck freight to rail on the merchandise side, which he said could accelerate as customers seek cost savings. He mentioned that recent waivers and the appointment of Patrick Fuchs as Surface Transportation Board chair were important, and he advocated for more inspection technology in the industry while working with union partners. He estimated that within a couple of years, CSX would fully recover roughly $100 million in operating expenses tied to the tunnel project, combining cost savings with growth opportunities.

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