Enhanced CSX Carbon Calculator Helps Shippers Achieve Sustainability Goals
March 22 2023 - 3:00PM
CSX (NASDAQ: CSX) today announced the launch of an enhanced carbon
emissions reduction calculator that will help companies achieve
their supply chain sustainability objectives by converting from
truck to rail.
The enhanced tool offers freight shippers increased
insight into the environmental benefits of rail through analysis of
customer-specific data to calculate potential greenhouse gas
emissions saved by choosing rail over trucks.
“The environmental advantages of rail are real and
measurable, and the enhanced CSX Carbon Calculator is able to
provide customers with specific insight into how much less carbon
dioxide is produced when they ship by rail instead of truck,” said
Kevin Boone, executive vice president of sales and marketing.
“Emissions reduction is an important element in supply chain
strategies of many companies seeking to reduce their carbon
footprint and contribute to a healthier climate. The Carbon
Calculator gives CSX customer’s reliable data for demonstrating the
effectiveness of their sustainability programs.”
The new version of the Carbon Calculator is
available to customers who use the ShipCSX online platform. The
tool enables carload freight shippers to generate carbon savings
analyses based on their historical shipment data; to view
year-to-date totals and year-to-year trends; and to apply variables
that provide additional insight for weighing carbon emission
impacts when making supply chain decisions.
The Carbon Calculator draws on government and
third-party studies of greenhouse gas emission factors of different
transportation modes to calculate how much emissions are reduced
when shipping by rail versus truck. The calculator incorporates
freight type, distance and volume into its methodology.
Future versions of the Carbon Calculator will
include the ability to calculate emissions savings on intermodal
container shipments as well as advanced features that help
companies evaluate supply-chain decisions that can further reduce
their carbon footprint.
To use the enhanced calculator, customers must
register at ShipCSX.com.
About CSX
CSX, based in Jacksonville, Florida, is a premier
transportation company. It provides rail, intermodal and
rail-to-truck transload services and solutions to customers across
a broad array of markets, including energy, industrial,
construction, agricultural, and consumer products. For nearly 200
years, CSX has played a critical role in the nation's economic
expansion and industrial development. Its network connects every
major metropolitan area in the eastern United States, where nearly
two-thirds of the nation's population resides. It also links more
than 240 short-line railroads and more than 70 ocean, river and
lake ports with major population centers and farming towns
alike.
Contact:
Matthew Korn, CFA, Investor
Relations904-366-4515
Bryan Tucker, Corporate
Communications855-955-6397
CSX (NASDAQ:CSX)
Historical Stock Chart
From Jun 2024 to Jul 2024
CSX (NASDAQ:CSX)
Historical Stock Chart
From Jul 2023 to Jul 2024