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CSXT IntermodalSCORT

September 2010

CSXT IntermodalSCORT

September 2010

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Today

Transportation demand challenges existing infrastructure Transportation demand challenges existing infrastructure

Today 2020

Source: USDOT FHWA Freight Analysis Framework

CSX Territory

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Intermodal is growing again Intermodal is growing again

Domestic

International

56%56%56%56%44%44%44%44%

IntermodalCategories

1H 2010 Volume

First Half summary

— Strong growth in both International and Domestic - 16% Overall

— International volumes increased dueto higher imports as result of U.S. inventory replenishments

— Domestic volumes continued to grow with truckload conversions and expanded service offerings

Ongoing drivers

— Capacity will remain tight in 2H 2010

— Transloading trend

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Structural conditions favor continued growthStructural conditions favor continued growth

Intermodal growth rates are expected to far exceed those of all other modes

The over-the-road alternative is increasingly challenged— Declining truckload productivity due to

highway congestion

— Shrinking driver pool due to demographics

— Higher diesel prices underscore fuel inefficiencies

Freight Market Value by Mode

67%

57%

11%

21%

2008 2035

Truck Intermodal

Source: 2009 Facts & Figures, USDOT/FHWA 2010.

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National Gateway-modal conversion platformNational Gateway-modal conversion platform

Project overview― $842 million in investments ― 61 double stack clearance projects― Construction and expansion of 6

intermodal terminals

Strategic value― Increases intermodal capability in

key population centers― Improves Midwest connectivity with

East Coast ports and Western Gateways

TIGER I Funding: $98 Million

Thank you again for your support

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National Gateway project statusNational Gateway project status

Northwest Ohio Terminal

Phase 1 – Northwest OH to Chambersburg, PA

Phase 2 – Chambersburg, PA to Baltimore, MD

Phase 3 – Baltimore, MD to Norfolk, VA/Wilmington, NC

New YorkChicago

St Louis

Memphis

Baltimore

Boston

Buffalo

Chambersburg

Clearance projects(not all projects shown)

Funded

Not funded

Projects funded jointly by CSX and Virginia/North Carolina

Wilmington

Charlotte

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Gulf Coast

SouthernCalifornia

NorthernCalifornia

PNW

Florida

Northeast

Midwest

Atlanta –Research Triangle

Existing flows

NG opportunities

National Gateway projects

Evansville Western Railway, an affiliate of CSX, is the developer-operator of this NW Ohio facility

NW Ohio enables the networkNW Ohio enables the network

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NW Ohio progress-looking eastNW Ohio progress-looking east

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NW Ohio progress-looking westNW Ohio progress-looking west

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Future infrastructure investmentsFuture infrastructure investments

Today2020 Fluid east-west gateways

East-west AND north-south corridors cleared for efficient double-stack operation

Intermodal terminal expansions

Reliable, recoverable railroad line capacity

Green intermodal technologies

3-D intermodal terminals

Compatible land use and synergistic road investment

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