CSX (NASDAQ:CSX) reported third-quarter earnings per share of $0.57, up 30% from the prior year’s adjusted result, as volume growth, pricing gains and lower non-fuel costs helped lift profitability.
CSX has eliminated 109 operations management positions as part of a restructuring of its engineering functions.
CSX’s third-quarter profits increased due to a combination of volume growth, higher fuel surcharge revenue, and efficiency gains, the railroad reported today (Oct. 21). Operating income increased 44%, ...
For first-time rail shippers, the freight-rail industry can appear overly complex and jargon-laden. Upstate New York-based Finger Lakes Railway (FGLK) hopes to simplify the process by serving as a low ...
Amtrak’s First Street tunnel is a critical link in the rail agency’s Northeast Corridor. It has also been the subject of headaches for both Amtrak and VRE. Repairs started October 16, and the ...
A freight train partially derailed early Thursday morning on Chicago's Southwest Side, leaving nine cars off the tracks but ...
Nine train cars derailed in Ashburn early Thursday. No injuries, hazardous-material leaks or spills were reported. The cause ...
NS merger would leave captive shippers with fewer options and farm inputs with higher freight costs. Union Pacific says it ...
In Episode 4 of the TrainsPRO Podcast, Trains Magazine Editor Bill Stephens speaks with Zach Anderson, Chief of Staff and ...
The Massachusetts Department of Transportation (MassDOT) and CSX recently signed an agreement to advance rail infrastructure ...
An agreement struck between the Department of Transportation and railroad company CSX will reduce conflicts between freight trains and the state's desire to further expand passenger rail service in ...