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Rail Industry News

Stock analyst downgrades CSX stock

(Source: Cerbat Gem, November 14, 2016) NEW YORK — CSX Corp. was downgraded by equities researchers at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report issued on Thursday. They currently have a $35.00 price objective on the...

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NTSB calls for tougher commuter rail oversight

(Source: Reuters, November 14, 2016) WASHINGTON, D.C. — The U.S. National Transportation Safety Board on Monday urged federal regulators to improve oversight of rail transit systems following a series of accidents and urged logistical improvements to prevent train...

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Site assessment begins for CSX terminal in N.C.

(Source: Rocky Mount Telegram, November 12, 2016) ROCKY MOUNT, N.C. — CSX officials are performing a detailed site assessment for the planned Carolina Connector Intermodal Rail Terminal, which is an important part of the routine discovery process. Full story: Rocky...

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