CSX Corp.
CSX Reports Declines in First-Quarter Earnings, Revenue
Luke Sharrett/Bloomberg
CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.
April 27, 2020Proposed Cargo Hub for N.Y. Town Faces More Delays
The CSX rail yard seen from Fremont Road in Manlius, N.Y., in June 2018. (Tim Knauss/Syracuse Media Group)
The Manlius town planning board this week urged “great caution” as town officials consider how a proposed rail-and-truck cargo hub near the CSX rail yard would affect traffic on Fremont and Kirkville roads.
February 14, 2020CSX Sets Operating Ratio Record in Q3 Results
A CSX train. (Luke Sharrett/Bloomberg News)
CSX Corp. on Oct. 17 announced third-quarter profit of $856 million compared with $894 million in the same quarter of 2018, but beat Wall Street expectations and in the process set a record for operating ratio for a U.S. railroad.
October 17, 2019CSX Earnings, Revenue Dip 1% in 2Q; Operating Ratio Improves
A CSX freight train pulls tank cars past downtown Pittsburgh, on June 24, 2019. (Associated Press/Gene J. Puskar)
Class 1 freight railroad CSX Corp. on July 16 reported second-quarter net earnings of $870 million, or $1.01 a share, compared with $877 million, or $1.08 a share — a 1% dip from the same period a year ago.
July 22, 2019CSX Reports Record 1Q Results on Strong Volume Growth
Stacks of CSX containers. (TT File Photo)
CSX reported record first-quarter financial results April 16, thanks in part to the Jacksonville, Fla.-based railroad’s increases in freight delivery and lower operating costs.
April 17, 2019Maryland, CSX Apply Again for Federal Funding for Baltimore Tunnel Project
Patrick Semansky/Associated Press
Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4.
March 5, 2019CSX Sues Norfolk Southern, Short-Line Railroad Over Alleged Monopoly
Gene J. Puskar/Associated Press
NORFOLK, Va. — CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at Norfolk International Terminals by essentially boxing out CSX at the Port of Virginia’s largest container facility.
October 9, 2018CSX Profit Jumps to $877 Million
TT file photo
CSX Corp. reported second-quarter net earnings of $877 million, or $1.01 a share, a rise of 72% from net earnings of $501 million, or 55 cents a share, in the same period a year ago.
July 17, 2018CSX to Open Hub in Eastern North Carolina
(Luke Sharrett/Bloomberg)
North Carolina Department of Transportation officials announced June 28 that they have reached an agreement with CSX Corp. to build a new intermodal transportation facility in Edgecombe County.
June 29, 2018CSX Agrees to Pay $3.2 Million for Women Harmed by Job Testing
Schnitzel_bank/Flickr
CSX Transportation Inc. and the U.S. government asked a federal judge to approve an agreement settling sex bias allegations for $3.2 million and other relief.
June 12, 2018