April 21, 2008 | Commuter Rail, CSX, Headlines
(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...
April 18, 2008 | CSX, Headlines
(The following story by Jim Saunders and Bob Koslow appeared on the News-Journal website on April 18.) TALLAHASSEE, Fla. — When then-Gov. Jeb Bush and other politicians boarded a train car in Orlando in 2006, they celebrated plans to bring a commuter-rail system to...
April 18, 2008 | CSX, Headlines
(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....
April 18, 2008 | CSX, Headlines
(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...
April 17, 2008 | CSX, Headlines
(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...
April 17, 2008 | CSX, Headlines
(The following story by Jeff Stagl appeared on the Progressive Railroading website on April 16.) Since late last year, CSX Corp. has taken shots from the investment community — namely, The Children’s Investment Fund Management L.L.P, or TCI — for not greatly...
April 17, 2008 | CSX, Headlines
(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,...
April 17, 2008 | CSX, Headlines
(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...
April 17, 2008 | CSX, Headlines
(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...
April 16, 2008 | CSX, Headlines
(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?...