CSX Corp. News Updates

Railroad

BusinessLogisticsTop 100

CSX to Acquire Quality Carriers

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad鈥檚 footprint in the United States, Canada and Mexico.

May 12, 2021
BusinessTechnology

CSX Reports Mixed Q1

CSX Corp. reported lower first-quarter income and revenue compared with 2020, officials for the Class I railroad said April 20.

April 21, 2021
Business

CSX Reports Lower Q4 Earnings Amid COVID-19 Pandemic

CSX Corp. reported lower fourth-quarter and annual income and revenue compared with 2019, officials for the Class I railroad said Jan. 21.

January 25, 2021
BusinessLogisticsTCA

CSX Agrees to Buy New England鈥檚 Pan Am Railways

CSX Corp. has agreed to buy Pan Am Railways Inc., North America鈥檚 largest regional railroad based in New England, extending CSX鈥檚 reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

December 2, 2020
BusinessLogistics

CSX Reports Lower Q3 Net Income, Revenue

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

October 22, 2020
Business

CSX Earnings Slump in Q2 Amid COVID-19 Pandemic

CSX Corp. became the latest Class I freight railroad to report lower earnings because of the COVID-19 pandemic when it reported second-quarter results July 22.

July 27, 2020
BusinessLogistics

CSX Reports Declines in First-Quarter Earnings, Revenue

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

April 27, 2020
GovernmentBusinessLogisticsTCA

Proposed Cargo Hub for N.Y. Town Faces More Delays

The Manlius town planning board this week urged 鈥済reat caution鈥 as town officials consider how a proposed rail-and-truck cargo hub near the CSX rail yard would affect traffic on Fremont and Kirkville roads.

February 14, 2020
Business

CSX Sets Operating Ratio Record in Q3 Results

CSX Corp. on Oct. 17 announced third-quarter profit of $856 million compared with $894 million in the same quarter of 2018, but beat Wall Street expectations and in the process set a record for operating ratio for a U.S. railroad.

October 17, 2019
Business

CSX Earnings, Revenue Dip 1% in 2Q; Operating Ratio Improves

Class 1 freight railroad CSX Corp. on July 16 reported second-quarter net earnings of $870 million, or $1.01 a share, compared with $877 million, or $1.08 a share 鈥 a 1% dip from the same period a year ago.

July 22, 2019

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