Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
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 ...
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 ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
Where the plaintiffs argued that CSX breached a contract when it allegedly refused to allow the city to “construct an ...
CSX (NYSE: CSX) reported its Q4 results last week, with revenues and earnings slightly above the street estimates. However, we believe that CSX CSX stock is appropriately priced, as discussed below.
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 ...
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 ...
CSX Corporation missed Q2 earnings and revenue estimates due to headwinds in volumes and costs, impacting profitability. Strength in merchandise and secular trends like supply chain re-shoring provide ...
UNICOI COUNTY, Tenn. (WJHL) – On Thursday, CSX Railroads representatives gave an update to the Unicoi County Chamber of Commerce about rebuilding efforts after Hurricane Helene significantly damaged ...
CHICAGO (Reuters) - U.S. railroad CSX Corp said on Thursday that four nominees on a dissident slate had been elected to its board of directors, but said two of the seats remain the subject of a court ...