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Railroad stocks up at close of August 10 trading

(Source: Associated Press, August 10, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on August 10, including CSX, which rose 1.5 percent, and Norfolk Southern, which rose 1.2 percent. Full story: CBS News

Railroad stocks mixed at close of August 6 trading

(Source: Associated Press, August 6, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on August 6, including CSX, which fell 0.9 percent, and Canadian Pacific, which rose 0.9 percent. Full story: CBS News

CSX CEO says he doesn’t see risk of U.S. recession

(Source: MarketWatch, July 18, 2012) NEW YORK — CSX Corp. Chief Executive Michael Ward said Wednesday that he sees no risk of a renewed U.S. recession despite what he acknowledged has been a slight slowdown in the economy since earlier in the year. Full story:...

Rising lumber shipments brighten rail outlook

(Source: Reuters, July 16, 2012) NEW YORK — Railroad shipments of lumber are gaining momentum, signaling a construction upturn that should drive up shipping volume of consumer products from appliances to furniture. Source: Reuters

Earnings preview: CSX Corporation

(Source: Forbes, July 16, 2012) NEW YORK — CSX Corporation is going to release its quarterly results for Q2, 2012 on July 18th, and we expect to see the results of a decline in coal freight volumes during the quarter. Full story: Forbes.com

Railroad stocks up at close of July 13, trading

(Source: Associated Press, July 13, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on July 13, including CSX, which rose 2.4 percent, and Union Pacific, which rose 1.6 percent. Full story: CBS News

CSX Corporation declares quarterly dividend

(Source: CSX press release, July 11, 2012) JACKSONVILLE, Fla. — On July 11, the Board of Directors of CSX Corporation approved a $0.14 per share quarterly cash dividend on the company’s common stock. The dividend is payable on September 14, 2012, to shareholders...

CSX locomotive catches fire in Lynchburg

(Source: Nelson County Times, July 4, 2012) LYNCHBURG, Va. — A Norfolk Southern locomotive engine burst into flames at the Lynchburg yard, located on Woodall Road near River Ridge mall, Wednesday evening, creating a sight not many firefighters or railroad workers have...