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.
Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!
With no end in sight to the pandemic in North America, BMWED says railroads should enhance worker safety.
Pandemic-induced rail volume declines, operational changes among reasons for falling employment figures
The executive vice president witnessed the implementation of PSR at a number of railroads over his 50-year career.
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 million, or $1.02 a share in the first quarter of 2019, the company said Wednesday. Meanwhile, CSX’s first-quarter operating ratio was a record 58.7%, compared […]
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 the pandemic lasts.
The rail industry will try to keep business as usual for as long as possible, according to recent notices to customers.
The three Class I railroads have set or will set targets as part of their involvement in a global initiative.
The railroad installed its first-ever train inspection portal southeast of its largest hump yard in Georgia last December.
Uncertainty is still an underlying theme facing North American freight railroads.
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.
Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.
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 this year.
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 change that.
The funding includes $14.4 million to support CSX’s double-stacking efforts near the Port of Philadelphia.
