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 ...
Investors looked past a 22% drop in CSX’s third-quarter earnings Oct. 16 and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
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 ...
NEW KENT COUNTY, Va. — Amtrak service to parts of Virginia has been canceled after a CSX freight train carrying coal derailed in rural New Kent County on Saturday afternoon, according to officials.
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
CSX Corporation CSX is scheduled to report third-quarter 2025 results on Oct. 16, after market close. The Zacks Consensus Estimate for the third-quarter 2025 earnings has been revised southward by 2.3 ...
CSX (CSX) reported net profit margins of 20.5%, down from 24.7% a year earlier. Earnings have averaged just 0.8% growth per year over the past five years, with recent results in negative territory.
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CSX tie-up with BNSF puts the 'pieces in place' for outperformance to peers - Wells Fargo
CSX’s (NASDAQ:CSX) intermodal agreement with Burlington-Northern-Santa Fe (BNSF) is expected to drive demand to CSX’s network that would have interchanged with Norfolk Southern (NSC), putting the ...
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