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Opinion: A rail dilemma

(The following editorial appeared on the Tallahassee Democrat website on April 21.) TALLAHASSEE, Fla. — Florida’s population is past 18 million and growing. The price of oil is at a stunning all-time high. Cars spew out pollutants as they idle on the...

CSX: Rail rates to be up 5-6% in 2008

(The following story by Dave Hannon appeared at Purchasing.com on April 17.) Rail and intermodal provider CSX Corp. said in a recent earnings call that it expects rail rates to be up 5-6% in 2008, as high gas prices and roadway congestion drive shippers to the rails....

CSX Q1 report, potash deal drive railroads

(The following appeared at CNN.com on April 17.) The surge among North American railroad stocks Wednesday owed in part to an earnings surprise from CSX (CSX). The Jacksonville, Fla., railroad operator reported a 60% jump in Q1 earnings on rising sales growth. Both...

CSX sees gains from chronic road congestion

(Dow Jones circulated the following on April 16.) CHICAGO — U.S. railroad operators will benefit from chronic road congestion, according to the head of CSX Corp. (CSX), which along with its peers is lobbying for an investment tax credit to boost existing spending on...

This rail’s anything but frail

(The following story by Toby Shute appeared on the Motley Fool website on April 16.) The last time we pulled into this station, rail operator CSX (NYSE: CSX) was reporting strong operating income, despite soft volumes on all things housing-related. Nine months later,...

CSX CEO sees coal export demand strong through ’09

(Reuters circulated the following on April 16.) DETROIT — Demand for U.S. coal exports should continue strong through 2009, boosting business for railroad CSX Corp., the company’s top executive said on Wednesday. “Demand for export coal should remain...

Sector snap: CSX leads rails to new highs

(The Associated Press circulated the following on April 16.) NEW YORK — CSX Corp. led a railroad sector rally Wednesday, as investors applauded the company’s better-than-expected first-quarter report and sent shares to an all-time high. After the closing bell...

Opinion: Prospects of early agreement with CSX mixed

(The following editorial appeared on the Worcester Telegram & Gazette website on April 16.) WORCESTER, Mass. — What are the chances that CSX and the state will come to an agreement on the sale of the Worcester-Framingham rail right-of-way anytime soon?...