JACKSONVILLE, Fla. — CSX Corp. reported third-quarter operating income of $1.35 billion with net earnings of $894 million, or 46 cents per diluted share, in financial results announced Wednesday.
CSX Corporation has outperformed the market with a 290% returns over ten years, despite economic headwinds and a challenging environment for railroads. The company focuses on operational efficiency, ...
U.S. railroad traffic levels have been stagnant over the past 15 years because the Class I railroads were obsessed with profit margins while neglecting growth opportunities, CSX CEO Joe Hinrichs says.
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. CSX dealt with weather challenges and the ...
Investors looked past a 22% drop in CSX’s third quarter earnings Thursday and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
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 ...
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 ...
NEW YORK, Sept 29 (Reuters) - Activist investor Ancora Holdings on Monday welcomed news that railroad operator CSX (CSX.O), opens new tab has replaced its CEO and said it expected his successor would ...
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 ...
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