CSX
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Company earnings
CSX eyes flat to lower revenue in 2020
Coal declines and a still sluggish industrial economy could put pressure on revenue this year. Still, CSX sees upside potential for intermodal and merchandise volumes.
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News
CSX’s fourth-quarter profit dips on lower revenue
Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.
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News
2019 rocks the railroads
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced…
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News
CSX and Virginia to create separate freight and passenger rail routes
CSX and passenger and commuter rail share the same railroad track between Washington, D.C. and Richmond. Investments to the corridor south of Washington, D.C. would…
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News
Pennsylvania provides more than $40 million for freight rail projects
The funding includes $14.4 million to support CSX’s double-stacking efforts near the Port of Philadelphia.
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News
STB chief predicts legal challenges to railroad rate reform
Proposal providing relief for shippers could be rolled out next year.
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News
Henderson Bypass in Kentucky receives CSX Select Site designation
Site is close to Interstate 69 and Ohio River.
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News
Rail carloads see false positive on wonky comp
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.
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Company earnings
CSX optimistic for fourth quarter but 2020 outlook is uncertain
The eastern U.S. railroad declined to share its expectations for 2020 but said it would be prepared should rail volumes rebound.
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Intermodal
CSX and Union Pacific make changes to sales and marketing teams
Excerpt: The companies promote and assign new roles to longstanding employees.
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