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CSX reports Q2 2022 income

(Source: CSX press release, July 20, 2022) JACKSONVILLE, Fla. — CSX Corp. today announced second quarter 2022 net earnings of $1,178 million, or $0.54 per share, compared to $1,173 million, or $0.52 per share in the same period last year. Second quarter 2022 operating...

U.S. rail system still deteriorating

(Source: Railway Age, July 5, 2022) NEW YORK — We’re now in the second half of 2022, when the four major U.S. Class I’s have committed to turning their operations around, but the current state of play is not encouraging. Full story: Railway...