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 CSX Corp.

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updated Fri. March 22, 2024

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CSX Corporation (NASDAQ:CSX) surprised investors with extremely healthy results on its release of first-quarter 2018 earnings Tuesday after the markets closed. While lower volumes compressed the company's top line, leading to essentially flat revenue of $2.9 billion, net income soared 92%, to $695 ...
The short-term reactions in stocks to earnings reports are arbitrary. We never really know what investors want to hear or what the company will deliver. Last night, CSX Corporation (NASDAQ:CSX) told a great story and today investors are rewarding the stock. They crushed estimates on financial metrics and ...

“We continue to communicate with CSX as it refines its long-term plans," an N.C. Department of Transportation spokesman said in an email. "At this time, we do not have any new information. Eastern North Carolina – and this site specifically – have a great deal to offer. We will continue to work hard to ...
CSX Corp. continues taking steps that could transform its nearly 300-acre Tilford Yard into the latest planned mixed-use redevelopment along Atlanta's northwestern edge. CSX selected Colliers International – Atlanta as its real estate adviser for the future of Tilford Yard, which stretches just west of Marietta ...
CSX (CSX), which is a leading supplier of rail-based freight transportation in North America, was one of the S&P 500's top gainers on April 18. After regaining strength last week, CSX started this week on a stronger note and gained in the first three trading days. On April 18, CSX opened the day higher and ...
The railroad company CSX (CSX) easily beat on earnings and profit for its first quarter. CEO Jim Foote adopted stringent cost cutting measures that were implemented by his predecessor, Hunter Harrison who died eight months into his tenure at CEO. Looking ahead, CSX says it plans to bring its operating ...

The CSX railroad lost its bid to dismiss a lawsuit filed by a fired female locomotive engineer who alleges gender and disability discrimination. The complaint also contends CSX more severely disciplined its female workers than male workers, among other allegations. The suit was brought by Linnie Lou ...
Jim Cramer on IBM, CSX, United Airlines and Morgan Stanley. TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending topics. Scott Gamm · and Jim Cramer. Apr 18, 2018 3:18 PM EDT. TheStreet's founder and Action Alerts PLUS Portfolio Manager ...
31, an Amtrak train was stopped in South Carolina after an automatic detection device identified an overheated wheel, a problem that could cause derailment. CSX dispatchers ordered the train to stay put and sent CSX mechanics to inspect the vehicle, according to emails obtained by the Business Journal.
LAKELAND — The downtown Lakeland CSX rail crossing at Kentucky Avenue will be closed for two days starting at 8 a.m. Monday. The rail crossing is expected to reopen ... around the impacted rail crossing. Please contact CSX for addition information or questions regarding the project at 800-232-0144.

My research has mostly focused on finding the best way to profit from cyclical stocks near the bottom of the economic cycle. With the dramatic rise in prices of many stocks, I have been writing a series of articles examining how far these stocks could fall if there is a downturn. CSX stock has shown in the past ...
By one metric, CSX Corp. is doing well: Despite the market being more volatile recently, the Jacksonville-based railroad's stock price is still hitting near the same highs it has for the past year, since its board decided to bring on E. Hunter Harrison and implement his precision railroading model. $59.25 a ...
CSX railroad customers would likely bear the burden of an increased steel tariff, said Chief Executive Officer and President Jim Foote. "We would absorb the initial costs," Foote told CNBC during "Closing Bell" on Thursday. "But over time that cost, like everything, gets passed on." Earlier Thursday ...
CSX has been building a third set of tracks from the Arkendale station north to Powells Creek, just north of Potomac Shores, to serve alongside existing ... Potomac Shores has been working with VRE, CSX, the Commonwealth of Virginia, Prince William County and the U.S. Department of Transportation to ...
“CSX has coordinated closely with Amtrak and DRPT to schedule this work, and the safety of crews and passengers is our highest priority,” CSX said. “We appreciate everyone's patience while CSX completes this important project, which will improve the fluidity of passenger trains in and around Richmond ...
A federal regulator is requesting action by all Class I railroads to address industry-wide service complaints, but it singled out CSX Corp. (Nasdaq: CSX) for "marked improvement" in service. The Surface Transportation Board sent a letter to all Class I railroads Mar. 16 requesting each carrier's plan to ...
There are three different CSX train overpasses in the Jefferson County area that have people concerned. In all 3 cases, they say concrete has been falling from the bridges, raising safety concerns. Phillip Lamontagne spends a lot of time at his nephews auto collision shop right next to the CSX bridge on ...


 

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