CSX expects the construction of two new intermodal terminals, one in North Carolina and the other in Ohio, to be completed in the first quarter of 2021.
Technology’s footprint in CSX’s operational, sustainability and safety practices was readily apparent, according to the company’s 2019 environmental, social and governance report.
Volumes have been recovering swiftly, but headwinds make it difficult to predict when pre-coronavirus levels will fully return.
The COVID-19 pandemic and a slumping economy dent CSX’s earnings.
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
The executive vice president witnessed the implementation of PSR at a number of railroads over his 50-year career.
Like all industries, the coronavirus has impacted railroads. What should they be doing to gain market share and better serve their customers?
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, but demand in May will likely be choppy.
o hedge against rail volume uncertainty in the second quarter, CSX aims to control costs.
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 a share, compared with $834 […]
