The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
OMAHA, Neb. (AP) — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles, but executives remain optimistic ...
Some Portsmouth leaders, including Mayor Shannon Glover, are trying to derail a proposed CSX train expansion that could clog traffic around the tracks along Frederick ...
A partnership between CSX and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a merger or actually trying to avoid a full-on ...
UNICOI COUNTY, Tenn. (WJHL) — The Tennessee Department of Environment and Conservation (TDEC) has ordered CSX to stop excavating rock from the Nolichucky River for its repairs after Hurricane Helene.
Investors looked past a 22% drop in CSX’s third quarter earnings Thursday and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
CSX Corporation is a top-tier dividend growth stock with a strong track record of elevated returns. The company reported strong earnings, demonstrating its ability to handle inflationary pressures and ...
CSX (NYSE: CSX) reported its Q4 results last week, with revenues and earnings slightly above the street estimates. However, we believe that CSX CSX stock is appropriately priced, as discussed below.