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.
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 ...
NS merger would leave captive shippers with fewer options and farm inputs with higher freight costs. Union Pacific says it ...
CSX Corp (CSX) posted 12% revenue growth, a 39.1% operating margin, and raised full-year guidance as volume gains and productivity initiatives offset fuel headwinds.
BNSF Railway and CSX have launched a transcontinental premium intermodal train linking Los Angeles and South Kearny, N.J., on a 100-hour schedule — 26 hours faster than the interline schedule 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 ...
A former Amtrak employee received 20 months in prison in a health care fraud case that saw the Amtrak health care plan pay ...
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.
Local organization All Aboard Charlotte has proposed a passenger rail project using existing CSX freight tracks to connect Charlotte with Union County.