CSX Corp. News Updates

Railroad

BusinessLogistics

CSX Sees 8% Profit Growth Despite Southeast Storm Damage

The Florida-based railroad is recovering from hurricanes Helene and Milton that battered its network in the Southeast. Some trains had to be rerouted as tracks are cleared and repaired.

October 16, 2024
BusinessLogistics

CSX Profit Slips Amid Baltimore Bridge Collapse Response

CSX railroad’s second-quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports.

August 6, 2024
BusinessSafetyLogisticsTCA

CSX Plans Infrastructure Work at Maryland Yard

CUMBERLAND, Md. — Infrastructure improvements at CSX’s Cumberland yard will increase capacity and allow railcars that previously couldn’t move through the yard to do so, the company said.

June 17, 2024
BusinessLogistics

CSX Profit Drops 10% Despite 3% More Q1 Freight

CSX’s first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handled shifted toward less profitable items.

April 17, 2024
BusinessLogistics

CSX Reports Slight Revenue Knock for Q4

CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.

January 25, 2024
GovernmentBusinessLogisticsGlobal FreightTCA

STB Calls for Status Hearing on Gulf Coast Amtrak Project

The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.

January 22, 2024
BusinessLogistics

CSX Quarterly Profit Falls 24%, but Efficiency Improves

OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.

October 19, 2023
BusinessLogistics

CSX’s Q2 Profit Falls 15% Annually

OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.

July 21, 2023
GovernmentBusinessSafety

No Hazards Reported as Freight Train Derails in Pennsylvania

WHITEMARSH TOWNSHIP, Pa. — A freight train derailment in Pennsylvania early July 17 spurred precautionary evacuations, but officials said there was no known hazard to the public.

July 17, 2023
BusinessGlobal Freight

CSX and CPKC Will Connect to Increase Traffic in Southeast

CSX and CPKC railroads announced a deal June 28 that will allow them to beef up a little-used connection between their two networks in the southeastern United States to handle more freight.

June 29, 2023

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