July 18, 2019 | CSX, Headlines
(Source: Reuters, July 17, 2019) NEW YORK — U.S. stock indexes fell on Wednesday as weak results from CSX Corp. stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings. CSX shares tumbled 10.3%, their biggest...
July 18, 2019 | CSX, Headlines, Quarterly Income
(Source: CNBC, July 17, 2019) NEW YORK — The CEO of giant East Coast railroad operator CSX is sounding alarm on the U.S. economy as it weighs on the company’s shipping volumes. Full story: CNBC
July 18, 2019 | CSX, Headlines, Quarterly Income
(Source: Bloomberg, July 17, 2019) NEW YORK — CSX Corp. plunged the most since the 2008 financial crisis after a weakened 2019 sales forecast stoked fears of a prolonged freight slump. Full story: Yahoo Finance
July 17, 2019 | CSX, Headlines, Quarterly Income
(Source: Yahoo Finance, July 17, 2019) JACKSONVILLE, Fla. — Edited Transcript of CSX Corp earnings conference call or presentation Tuesday, July 16, 2019. Full story: Yahoo Finance
July 17, 2019 | CSX, Headlines, Quarterly Income
(Source: The Street, July 17, 2019) NEW YORK — CSX shares were indicated sharply lower in pre-market trading Wednesday after the third-largest U.S. rail operator slashed its full-year revenue forecast amid slowing freight volumes linked to the ongoing trade dispute...
July 17, 2019 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, July 16, 2019) CHATTANOOGA, Tenn. — Despite a drop in profit in the second quarter, CSX’s operating ratio set a company record. CSX said its operating ratio was 57.4 percent for the second quarter of 2019, setting a company record for the...
July 17, 2019 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 16, 2019) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2019 net earnings of $870 million, or $1.08 per share, versus $877 million, or $1.01 per share in the same period last year (an earnings per share increase...
July 3, 2019 | CSX, Headlines
(Source: St. Pete Catalyst, July 2, 2019) ST. PETERSBURG, Fla. — The City of St. Petersburg has gone to court against CSX Transportation Inc., challenging the company’s decision to sell part of the railroad right-of-way downtown. The city wants to convert the property...
July 3, 2019 | CSX, Headlines
(Source: Progressive Railroading, July 2, 2019) The Port of Indiana-Burns Harbor recently handled two large rubber-tire gantry (RTG) cranes that were destined for CSX’s Chicago-area intermodal terminal in Bedford Park, Illinois. Full story: Progressive...
July 1, 2019 | CSX, FRA, Headlines
(Source: Progressive Railroading, June 28, 2019) Quintin Kendall is the Federal Railroad Administration’s (FRA) new deputy administrator, the agency confirmed this week. Full story: Progressive Railroading
