July 27, 2020 | CSX, Headlines
(Source: Freight Waves, July 23, 2020) CHATTANOOGA, Tenn. — CSX is “cautiously optimistic” about volumes in the second half of 2020, noting that while volumes have rebounded significantly in recent weeks, the coronavirus, the election and overall economic uncertainty...
July 23, 2020 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, July 22, 2020) CHATTANOOGA, Tenn. — Second-quarter net profits for CSX slipped 43% amid a pandemic-induced 26% drop in revenue. Second-quarter revenue fell 26% to $2.26 billion amid lower economic activity driven by the COVID-19 pandemic, CSX...
July 23, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 22, 2020) JACKSONVILLE, Fla. — CSX Corp. today announced second quarter 2020 net earnings of $499 million, or $0.65 per share, versus $870 million, or $1.08 per share in the same period last year. “I want to extend my gratitude to all...
July 22, 2020 | CSX, Headlines
(Source: Television station WSFA, July 21, 2020) MONTGOMERY COUNTY, Ala. — A rural neighborhood living on the opposite side of a railroad track in Montgomery County says a train has been blocking the only entrance into and out of their neighborhood for years....
June 24, 2020 | CSX, Headlines
(Source: Greater Greater Washington, June 24, 2020) WASHINGTON, D.C. — Baltimore Penn Station and the trains which pass through it are set for some pretty exciting changes over the next few years. The station itself is set for a major overhaul starting potentially as...
June 24, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, June 24, 2020) JACKSONVILLE, Fla. — CSX Corp. will release second-quarter financial and operating results after the market close on Wednesday, July 22, 2020. This will be followed by a conference call and live webcast hosted by the...
June 19, 2020 | CSX, Headlines
(Source: Railway Track & Structures, June 18, 2020) NEW YORK — General business conditions, COVID, and PSR continue to reduce North America’s railroad workforce. The latest announcement of layoffs comes from CSX, based in Jacksonville, Fla. And, the layoffs...
June 17, 2020 | CSX, Headlines
(Source: Jacksonville Business Journal, June 16, 2020) JACKSONVILLE, Fla. — The layoffs consisted of managers in Jacksonville and other employees. Full story: Jacksonville Business Journal
June 15, 2020 | Commuter Rail, CSX, Headlines
(Source: Potomac Local, June 12, 2020) FREDERICKSBURG, Va. — The Virginia Railway Express (VRE) is extending its Operating and Access agreement with CSX Transportation (CSX) for one more year, but the deal may not go much further than June 2021. Full story: Potomac...
June 3, 2020 | CSX, Headlines, NS
(Source: Freight Waves, June 2, 2020) CHATTANOOGA, Tenn. — Southeastern U.S. ports are expanding capacity to handle larger container vessels and/or increased rail traffic. Full story: Freight Waves
