CSX Corporation
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Company earnings
June rail traffic sees recovery ‘accelerate’
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
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News
CSX’s Ed Harris retiring
The executive vice president witnessed the implementation of PSR at a number of railroads over his 50-year career.
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Rail
Commentary: When will PSR-driven volume and service growth emerge?
Like all industries, the coronavirus has impacted railroads. What should they be doing to gain market share and better serve their customers?
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News
Schneider expects second quarter ‘trough,’ some customers coming back online
A better than expected first quarter yields to expectations that a recovery may not occur until June. Some of Schneider’s customers are starting up again,…
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Company earnings
CSX seeks to manage expenses and costs
o hedge against rail volume uncertainty in the second quarter, CSX aims to control costs.
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Company earnings
CSX first-quarter net profit falls but operating ratio reaches record
CSX’s (NASDAQ: CSX) first-quarter net profit fell 7.7% amid lower revenues and a record operating ratio. First-quarter 2020 net income was $770 million, or $1…
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News
Logistics real estate operator Realterm closes fundraise on fifth fund
U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
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News
Union Pacific, CSX warn of coronavirus’ potential impacts on financial returns
The railroads say the coronavirus pandemic could influence their financial results in 2020, but how deep that impact will be will depend on how long…
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News
CSX, Union Pacific, Canadian National pledge to reduce emissions
The three Class I railroads have set or will set targets as part of their involvement in a global initiative.
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News
CSX says deployment of train inspection technology going smoothly
The railroad installed its first-ever train inspection portal southeast of its largest hump yard in Georgia last December.
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