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Railroad stocks mixed at close of May 24 trading

(Source: Associated Press, May 24, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading including CSX, which fell 0.6 percent, and Union Pacific, which rose 0.4 percent. Full story: CBS News

CSX’s Ward favors West Coast port growth

(Source: Journal of Commerce, May 24, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, CSX Transportation CEO Michael Ward said he would prefer West Coast port growth to East Coast port expansion, because shipments from the West would less likely be...

Railroad stocks up at close of May 21 trading

(Source: Associated Press, May 21, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on May 21, including CSX, which rose 2.6 percent, and Norfolk Southern, which rose 3.2 percent. Full story: CBS News

Railroad stocks mixed at close of May 10 trading

(Source: Associated Press, May 10, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on May 10, including CSX, which rose 0.1 percent, and Norfolk Southern, which fell 0.3 percent. Full story: CBS News

CSX Corporation declares quarterly dividend

(Source: CSX press release, May 9, 2012) JACKSONVILLE, Fla. — Earlier today, the board of directors of CSX Corporation (NYSE: CSX) approved a nearly 17 percent increase in the quarterly dividend on the company’s common stock to $0.14 per share. The dividend is payable...

Railroad stocks mixed at close of May 7 trading

(Source: Associated press, May 7, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on May 7 including CSX, which fell 0.7 percent, and Norfolk Southern, which rose 0.5 percent. Full story: CBS News

Railroad stocks hurt by coal, but still chugging along

(Source: Forbes, May 7, 2012) NEW YORK — Some think the country’s biggest railroads will become victims of the natural gas industry’s success, as power plants replace coal as their fuel of choice, but they’re still chugging along. Full story:...