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CSX announces Q1 2021 financial results

(Source: CSX press release, April 20, 2021) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2021 net earnings of $706 million, or $0.93 per share, compared to $770 million, or $1.00 per share in the same period last year. “I am extremely proud of how our...

CSX Q1 2021 profit falls 8%

(Source: Associated Press, April 20, 2021) OMAHA, Neb. — CSX Corp. said its first-quarter profit declined 8% due to higher expenses, but the railroad said it expects to benefit as the U.S. economy strengthens further over the rest of the year. The Jacksonville,...

CSX to announce Q1 2021 results on April 20

(Source: CSX press release, March 23, 2021) JACKSONVILLE, Fla. — CSX Corp. will release first quarter financial and operating results after the market close on Tuesday, April 20, 2021. This will be followed by a conference call and live webcast hosted by the company’s...

Vermont Rail System contests Pan Am sale

(Source: Railway Age, March 18, 2021) NEW YORK — The Vermont Rail System (VRS) has opposed CSX’s acquisition of the Pan Am System in a filing with the Surface Transportation Board. Full story: Railway Age

BMWED suing CSX for payroll errors

(Source: Brotherhood of Maintenance of Way Employees Division press release, March 16, 2021) HENDERSONVILLE, Tenn. — For several months, after unilaterally implementing the “TimeTrax” program, CSX Transportation continues to short and/or mistakenly pay its...