Strategic Collaboration with TotalEnergies for Data Fabric Deployment
Emerson announced a strategic partnership with TotalEnergies to deploy its industrial data fabric across TotalEnergies facilities.
The data fabric will continuously collect, store, and contextualize millions of real-time data points, providing secure and unified data access.
This initiative supports operational optimization and accelerates AI implementation, forming a foundational element of Emerson's enterprise operations platform.
Network Recovery and Project Completion Accelerates Service Improvement
CSX's network performance has significantly bounced back from early-year challenges, with metrics approaching or surpassing recent historical levels.
Key projects, Howard Street Tunnel and Blue Ridge rebuild, are on schedule for completion in Q4, expected to remove major network constraints and enable double-stack intermodal on I-95.
Operational improvements, including yard drone inspections and capacity online adjustments, contributed to the service recovery, with further gains anticipated post-project completion.
AI-Driven Marketplace Margin Expansion and Technological Advancements
Marketplace gross margin reached a record 35.4% in Q2, up 190 basis points year-over-year, driven by AI-powered pricing and selection algorithms.
Overall company gross margin hit a record 40.1%, reflecting continuous improvements in AI technology and data utilization.
The company has increased its AI deployment, including new features like automated extraction from technical drawings and natural language search on Thomasnet.
These technological enhancements are central to driving operating leverage and expanding gross margins, with ongoing product rollouts planned for the second half of 2025.