JACKSONVILLE, Fla. — CSX’s third-quarter profits increased due to a combination of volume growth, higher fuel surcharge revenue, and efficiency gains, the railroad reported today. Operating income ...
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.
Management layoffs mark railroad’s engineering department restructuring. The post CSX eliminates more than 100 management positions appeared first on FreightWaves.
A federal grant will support deployment of autonomous railcar technology on a Missouri short line. The post Autonomous railcar technology earns $16M federal grant appeared first on FreightWaves.
DUNNELLON, Fla. — Dozens of Dunnellon residents turned out for a city council workshop on Monday night to voice their concerns about possible hazardous conditions caused by a railroad tie fire on ...