CSX
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Rail
5 takeaways from Class I railroads’ earnings season
FreightWaves looks at five themes that ran throughout the earnings discussions of the Class I railroads.
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Rail
DOT seeks ‘careful and prompt consideration’ of Amtrak service to Gulf Coast
The U.S. Department of Transportation wants the Surface Transportation Board to take up Amtrak’s request asking to establish passenger service between Mobile and New Orleans.
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Rail
Rail Roundup: OmniTRAX, G&W develop, expand partnerships
OmniTRAX is working with the River Ridge Development Authority of southern Indiana to develop real estate, while a Genesee & Wyoming subsidiary broadens its rail…
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Rail
CSX ready to handle volume growth, leaders say
CSX has capacity on its network, space on its trains and the workforce and locomotives it needs to handle an anticipated growth in service needs…
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Rail
CSX’s Q1 net profit falls 8% on higher expenses, revenue drop
CSX’s first-quarter net income fell 8% to $706 million from $770 million a year ago.
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Rail
CSX, Amtrak and Virginia formalize public-private partnership
The $3.7 billion partnership calls for the construction of a $1.9 billion passenger rail bridge that would relieve traffic from the Long Bridge.
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Rail
STB tells CSX to refile application to acquire Pan Am Railways
CSX must again file its plans to acquire New England short line Pan Am Railways as a “significant” transaction.
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Rail
Surface Transportation Board chair weighs in on proposed mergers
STB Chair Marty Oberman shares the board’s views on two proposed acquisitions: CSX’s acquisition of New England short line Pan Am Railways and Canadian Pacific’s…
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Rail
Class I railroads outline 2021 projections, February weather impacts
The publicly traded Class I railroads expect rail volumes to improve this year despite severe winter weather curtailing operations in February.
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Rail
Vermont short line: CSX acquiring Pan Am Railways could hurt competition
Short line operator Vermont Rail System and legislators from Vermont and Massachusetts question how CSX and Norfolk Southern would handle joint ownership of Pan Am…
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