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October coal train derailment to dent CSX fourth quarter financials
PALM BEACH, Fla. — CSX expects to take a $40 million hit in the fourth quarter due to lower than expected coal and automotive shipments. An Oct. 25 coal train derailment in Providence Forge, Va., and ...
CSX railroad’s profit slipped 14% in the second quarter even though the volume of shipments it delivered remained flat as it continued working on two major construction projects on its network. The ...
CSX Corporation is rated Hold due to operational improvements but persistent macro headwinds limiting near-term upside. CSX's network efficiencies, infrastructure upgrades, and intermodal share gains ...
CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
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 ...
OMAHA, Neb. — 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 ...
CSX's business seems to be turning north, with several market conditions, including coal and intermodal expansion, leading the way. A recent change in CEO style points heavily toward a board's ...
An elderly man died after his vehicle was struck by a CSX train in Marion County. The crash occurred at Northeast 36th Avenue Road and NE 70th Street on the evening of Oct. 27. The 72-year-old Ocala ...
CSX Transportation sued for quiet title on Nov. 20 in Indiana Circuit Court for Clinton County for approximately 4.9 acres of former railroad right-of-way property in Clinton County, Indiana. The ...
A box truck hit a CSX bridge in Portage; the driver attempted to flee but was later arrested after a case, police said.
Opinion
Trains on MSNOpinion
‘There's nothing freaking moving': Vena uses Chicago bottleneck to sell UP–NS merger
CHICAGO — If Union Pacific wanted to show the media how trains can sit around in the nation’s rail capital, it was mission accomplished last week aboard its executive train. As the six-car train ...
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