CSX Corp.

Business, Logistics

Two US Railroads Advance Intermodal Projects

TT File Photos

CSX Corp. and Kansas City Southern have announced new facility advancement projects that are intended to handle more truck/rail freight.

August 3, 2015
Business, Logistics

CSX Reports 11% 1Q Earnings Increase

Luke Sharrett/Bloomberg News

CSX Corp. reported first-quarter earnings rose 11% from a year ago, while Norfolk Southern Corp. said its first-quarter profit will be down about 15% from the first quarter of 2014.

Michael G. Malloy | Web Editor
April 15, 2015
Business, Logistics

Supreme Court Reverses Railroads' Appeals Court Win

Luke Sharrett/Bloomberg News

The U.S. Supreme Court reversed a ruling that offered railroads the prospect of a multimillion-dollar victory in a dispute over the different fuel taxes the states impose on trains, trucks and cargo ships.

Greg Stohr | Bloomberg News
March 4, 2015
Business, Logistics

CSX Names Oscar Munoz as President

CSX Corp. and Tristan Honscheid/Flickr

CSX Corp. said its board of directors unanimously elected Oscar Munoz as president, effective immediately, and that he will remain chief operating officer.

February 12, 2015
Business, Logistics

CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms

Luke Sharrett/Bloomberg News

CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.

Thomas Black | Bloomberg News
January 14, 2015
Business, Logistics

Alabama Fuel-Tax Exemption Discriminates Against Rails, CSX Tells Supreme Court

WASHINGTON — The Supreme Court last week heard arguments in a case that could cost some states millions of dollars in lost fuel-tax revenue and allow railroads to pay less for fuel than truckers.

December 15, 2014
Business, Logistics

CSX's Income Rises to $509 Million

Luke Sharrett/Bloomberg News

CSX’s net income increased to $509 million, or 51 cents a share, from $455 million, or 45 cents, a year earlier.

October 15, 2014
Business, Logistics

CSX Net Income Rises 1.5%

Luke Sharrett/Bloomberg News

CSX Corp. reported second-quarter net income rose 1.5% to $529 million, or 53 cents per share, helped by revenue increases in the intermodal, chemicals and agricultural products freight.

July 15, 2014
Business, Logistics

CSX Expects “More Modest” Earnings Growth Due to Weather

Tim Howerter/Trans Pixs

Freight railroad CSX Corp. said its first-quarter and full-year 2014 earnings will be lower than previously expected because of severe weather early in the year.

March 12, 2014
Business, Logistics

CSX’s Income Falls in 4Q

Tim Howerter/Trans Pixs

CSX Corp. said Jan. 15 its fourth-quarter profit fell slightly from a year ago, but its revenue and volume increased.

January 16, 2014

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