CSX Corp. News Updates

Railroad

CSX to Pay Workers More Ahead of Expected Raises

OMAHA, Neb. — CSX has agreed to start paying some of its employees more in advance of raises the railroad expects to agree to as part of ongoing national contract talks.

April 20, 2022
BusinessLogisticsTCA

STB Approves Pan Am Railways Merger With CSX

Pan Am Railways, Maine’s largest rail operator, will merge with Jacksonville, Fla.-based CSX Transportation, the fourth-largest rail transportation company in the U.S.

April 18, 2022
BusinessTop 50

CSX Earnings in Q4 Beat Wall Street Expectations

CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.

January 21, 2022
GovernmentBusinessLogisticsTCA

CSX Purchase of Pan Am Railway Gets Federal Hearing

Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.

January 10, 2022
GovernmentBusinessLogistics

Expansion Underway for Baltimore’s Howard Street Tunnel

Federal officials, Maryland Gov. Larry Hogan and a host of other stakeholders said expansion of the 126-year-old, 1.7-mile Howard Street Tunnel in Baltimore is long overdue.

November 30, 2021
BusinessLogistics

New Inland Port Opens in North Carolina

As the nation’s major seaports experience more congestion, another inland port facility will help to move freight along the Eastern Seaboard. The Carolina Connector, near Rocky Mount, N.C., is where shipping containers are transferred between trucks and trains.

November 19, 2021
Business

CSX’s Q3 Earnings Beat Street Expectations

CSX Corp. announced third-quarter earnings that beat Wall Street analysts’ expectations. The Class I railroad's net income rose 32% to $968 million compared with $736 million in 2020.

October 21, 2021
BusinessLogistics

CSX Beats Expectations With Q2 Freight Surge

Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations.

July 22, 2021
BusinessLogisticsTCA

CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines

Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.

July 7, 2021
GovernmentBusinessTop 100TCA

CSX Plan to Buy Pan Am Railways Rejected

SPRINGFIELD, Mass. — Federal regulators recently rejected CSX’s plan to buy Pan Am Railways Inc., which operates 1,200 miles of track.

June 7, 2021

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