Investors hoping that CSX Corp. CEO Hunter Harrison will bring about the operational improvements required to justify the optimism that's currently baked into its stock price may want to benchmark its performance against peers Union Pacific Corp. and Norfolk Southern Corp. The former is its closest peer in terms of valuation, and the latter is its most important direct competitor. In this line of thought, let's take a look at what Harrison needs to do at the freight railroad operator, and whether its most recent earnings report suggests he's starting to make a difference.
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