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CSX operated from secret bunker during Hurricane Matthew

(Source: Jacksonville Daily Record, October 14, 2016) JACKSONVILLE, Fla. — As you might expect, Jacksonville’s largest company is also one of the most well-prepared for hurricanes and other disasters. In fact, CSX Corp. operates a 76,000-square-foot data and...

CSX sees 4Q 2016 earnings ‘flat to slightly down’

(Source: Reuters, October 13, 2016) NEW YORK — CSX Corp said on Thursday that its fourth-quarter earnings per share should be “flat to slightly down” and that it expects freight volumes to be relatively flat during the quarter. Full story:...

CSX reports lower 3Q 2016 results

(Source: CSX press release, October 12, 2016) JACKSONVILLE, Fla. — CSX Corporation today announced third quarter 2016 net earnings of $455 million, or $0.48 per share, down from $507 million, or $0.52 per share, in the same period of last year. Quarterly highlights: •...

CSX President Gooden sells $500,000 in company stock

(Source: The Cerbat Gem, October 12, 2016) NEW YORK — CSX Corp. President Clarence W. Gooden sold 16,129 shares of CSX Corp. stock in a transaction that occurred on October 6. The shares were sold at an average price of $31.00, for a total value of $499,999.00....

Southeast rail operators working to restore service

(Source: Railway Track & Structures, October 11, 2016) NEW YORK — Multiple washouts caused by Hurricane Matthew along Norfolk Southern and CSX lines have suspended services of both freight and passenger trains as rail operators in the southeast hustle to assess...