CSX CORP News
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,600 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
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CSX Sees Operational Deterioration in Latest STB Report Amid Stable Earnings Momentum
- CSX’s train speeds fell and terminal dwell rose in the week ending Aug. 19 amid mixed Class I performance, even as recent earnings beat expectations.
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CSX Stock Sees Uptick Amidst Industry Consolidation and Leadership Changes
CSX stock rises amid industry consolidation and leadership shifts.
01 Aug at 05:54
CSX Stock Climbs on Strong Q2 Earnings and Raised Outlook
CSX stock rises after strong Q2 earnings and raised full-year outlook.
26 Jul at 19:31
CSX Stock Surges on Strong Q2 Earnings and Raised Outlook
CSX reports record Q2 revenue, boosts full-year guidance, stock rises.
19 Jul at 19:29
CSX Stock Faces Mixed Analyst Sentiments Amid Operational Challenges and Service Improvements
CSX stock experiences mixed analyst ratings due to operational challenges and service improvements.