Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
CSX (NYSE: CSX) reported its Q4 results last week, with revenues and earnings slightly above the street estimates. However, we believe that CSX CSX stock is appropriately priced, as discussed below.
Where the plaintiffs argued that CSX breached a contract when it allegedly refused to allow the city to “construct an ...
CSX’s (NASDAQ:CSX) intermodal agreement with Burlington-Northern-Santa Fe (BNSF) is expected to drive demand to CSX’s network that would have interchanged with Norfolk Southern (NSC), putting the ...
CSX (NYSE: CSX) recently reported its Q4 results, with revenues missing and earnings meeting the street estimates. The company reported revenue of $3.54 billion and adjusted earnings of $0.42 per ...
ERWIN, Tenn. (WJHL) – CSX continues to work on its tracks in the Town of Erwin, but this work has raised public concerns. “We just wanted a responsible rebuild that balanced the interests of all the ...
Investors looked past a 22% drop in CSX’s third-quarter earnings Oct. 16 and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
CSX ES44AH No. 1834, in the Georgia Railroad theme, is the 16th in a series of heritage locomotives to roll out of the Class I railroad’s Waycross Mechanical Shop in Georgia. “Founded in 1833, the ...
CSX Corporation missed Q2 earnings and revenue estimates due to headwinds in volumes and costs, impacting profitability. Strength in merchandise and secular trends like supply chain re-shoring provide ...