Latest posts about CSX
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CSX and GE Transportation to team up on LNG-powered locomotive pilot program
November 14, 2013
Class I railroad carrier CSX and GE Transportation heralded a partnership that will focus on exploring emissions-cutting and efficiency advancements through the use of Liquefied Natural Gas (LNG) technology for locomotives.
CSX posts strong third quarter earnings results
October 16, 2013
Class I railroad carrier CSX yesterday reported third quarter net earnings of $463 million and $0.46 per share, which was up 1.7 percent annually and beat Wall Street estimates of $0.43 per share.
Phase One of National Gateway project is completed
September 10, 2013
With the first phase complete, the coalition said that now enables the ability for the National Gateway to provide double-stack intermodal rail service between CSX’ terminal in Chambersburg, Pa. and its state-of-the-art Northwest Ohio hub facility.
CSX reports strong second quarter earnings
July 17, 2013
Class I railroad carrier CSX today reported second quarter net earnings of $535 million and $0.52 per share, which was up four percent annually and beat Wall Street estimates of $0.47 per share.
Norfolk Southern, CSX optimistic about 2013 outlook
April 2, 2013
A few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
CSX continues to make inroads on National Gateway project
October 25, 2012
CSX and the Commonwealth of Pennsylvania this week heralded the midway point of progress on the first phase of projects for the National Gateway.
CSX reports third quarter net earnings are down 2 percent
October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
CSX posts record first quarter earnings
April 18, 2012
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Intermodal growth signs continue to look promising, say Class I railroad executives
November 29, 2011
As freight transportation volumes are primarily showing flat or modest growth levels, intermodal still is showing very strong growth prospects, with the very likely possibility that the drivers for future intermodal gains are very promising.
Intermodal shipping: UMAX service set to run between Detroit and Laredo
November 10, 2011
Taking steps to enhance the joint intermodal service they launched in March 2010, entitled UMAX, Class I railroad carriers Union Pacific and CSX recently announced service enhancements for this offering.
Railroad shipping: CSX reports record third quarter earnings
October 19, 2011
As it has done many times in the past, Class I railroad carrier CSX led off the rail earnings season with a strong performance, reporting record-setting third quarter earnings of $506 million and $0.43 per share.
Intermodal shipping: CSX continues to make inroads on National Gateway project
October 13, 2011
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
CSX moves forward with National Gateway expansion plans
August 30, 2011
Class I rail carrier CSX recently announced it has invested $59 million in an intermodal terminal expansion in Columbus, Ohio, which is part of the company’s National Gateway initiative.
Railroad shipping: CSX reports record second quarter earnings
July 20, 2011
Class I railroad carrier CSX got things rolling on the tracks with record-setting second quarter earnings of $506 million and $0.46 per share for a 28 percent annual gain. This topped Wall Street estimates in the $0.44 per share range.
Railroad shipping: CSX invests another $160 million into National Gateway project
May 19, 2011
The National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.
