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CSX loses federal injunction bid in rail antitrust case

(Source: Reuters, January 30, 2023) CSX Transportation Inc has lost another key ruling in its antitrust lawsuit seeking greater access to a large Virginia port, after a U.S. judge said he had no power to issue an injunction against rival freight rail operators that...

CSX expects volume to increase in 2023

(Source: Trains Magazine, January 25, 2023) CSX Transportation reported strong fourth-quarter earnings on Wednesday and, despite signs of an economic slowdown, said it expected to gain volume this year thanks to ongoing service improvements. Full story: Trains...

CSX announces Q4 and full-year 2022 results

(Source: CSX press release, January 25, 2023) JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2022 operating income of $1.46 billion compared to $1.37 billion in fourth quarter 2021. Net earnings of $1.02 billion, or $0.49 per share, compared to $934...