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.
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.
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 ...
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 ...
Local organization All Aboard Charlotte has proposed a passenger rail project using existing CSX freight tracks to connect Charlotte with Union County.
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 ...