January 18, 2018 | CSX, Headlines
(Source: Wall Street Journal, January 17, 2018) NEW YORK — CSX Corp. still has work to do to win back shippers following last year’s service disruptions that occurred after a massive overhaul of the railroad network under its prior chief executive. Full story:...
January 17, 2018 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 16, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced fourth quarter 2017 net earnings of $4.1 billion, or $4.62 per share, versus $458 million, or $0.49 per share in the same period last year. Fourth quarter 2017 net...
January 17, 2018 | CSX, Headlines, Quarterly Income
(Source: Associated Press, January 16, 2018) OMAHA, Neb. — CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it the railroad booked a $3.6 billion benefit from the corporate tax cut Congress approved...
January 17, 2018 | CSX, Headlines, Quarterly Income
(Source: Reuters, January 16, 2018) NEW YORK — CSX reported a bigger-than-expected drop in fourth-quarter revenue on Tuesday as the third-largest U.S. railroad lost some business due to service issues caused by former chief executive Hunter Harrison’s turnaround plan....
January 15, 2018 | CSX, Headlines
(Source: Albany Times Union, January 14, 2018) SELKIRK, N.Y. — A tanker car that partially derailed spilled 2,100 gallons of diesel fuel at the CSX rail yard on Sunday, Selkirk Fire Chief Joe Michaniw said. Full story: Albany Times Union
January 15, 2018 | CSX, Headlines
(Source: Jacksonville Daily Record, January 15, 2018) JACKSONVILLE, Fla. — CSX Corp. last week brought in Edmond Harris as executive vice president of operations, a railroad industry veteran who – like new CEO James Foote – had worked with previous CEO Hunter...
January 12, 2018 | CSX, Headlines
(Source: CSX press release, January 11, 2018) JACKSONVILLE, Fla. — CSX Corporation will host its Investor and Analyst Conference on March 1, 2018, at the InterContinental New York Barclay in New York City. Analysts and investors can obtain additional information about...
January 10, 2018 | CSX, Headlines
(Source: Bloomberg, January 9, 2018) NEW YORK — CSX Corp. is making some curious choices as it copes with the death of CEO Hunter Harrison. Full story: Bloomberg
January 9, 2018 | CSX, Headlines, STB
(Source: Progressive Railroading, January 5, 2018) CSX has completed the first phase of its new operating plan, which has produced performance metrics that show a “remarkable rate of positive change,” President and Chief Executive Officer James Foote said...
January 9, 2018 | CSX, Headlines
(Source: Jacksonville Daily Record, January 8, 2018) JACKSONVILLE, Fla. — Obviously, CSX Corp. isn’t paying new CEO James Foote an $84 million bonus for joining the company, as it did for his predecessor. Full story: Jacksonville Daily Record
