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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?...

CSX: New yard key for commuter boost

(The following story by Priyanka Dayal appeared on the Worcester Telegram & Gazette website on April 16.) WORCESTER, Mass. — While political leaders continue to point to disagreements over liability as the biggest obstacle to increasing commuter rail service to...

CSX powers past Wall St. forecasts

(The following appeared at CNN.com on April 16.) JACKSONVILLE, Fla. — Railroad operator CSX Corp. (CSX) proved it is as good as its word Tuesday, chugging past first-quarter views despite a challenging environment. The nation’s No. 3 railroad earned 80 cents a...

CSX profit soars 46 percent on fuel surcharges, more volume

(The Associated Press circulated the following by Ron Word on April 15.) JACKSONVILLE, Fla. — Rail giant CSX Corp. said Tuesday that fuel surcharges along with rising ethanol and grain volumes helped its first-quarter profit soar 46 percent. CSX Corp. said it earned...

Ahead of the bell: CSX target raised

(The Associated Press circulated the following on April 14.) NEW YORK — Lehman Brothers raised estimates and a price target on CSX Corp. Tuesday, saying the railroad operator’s strong prices will likely help offset high fuel costs. Analyst Garrett Chase raised...

CSX standoff continues in Mass. over liability issue

(The following story by Priyanka Dayal appeared on the Telegram & Gazette website on April 11.) WORCESTER, Mass. — In response to pressure from the state’s congressional delegation, railroad company CSX Corp. has outlined three conditions the state must follow if...

CSX plans facility improvements for Erwin, Tenn.

(CSX issued the following on April 10.) JACKSONVILLE, Fla. — CSX Transportation Inc. (CSXT) has announced facility expansions and enhancements at its Erwin, Tenn., facility as the railroad moves forward with an initiative to further improve the delivery of coal and...