Railroad
CSX Expects “More Modest” Earnings Growth Due to Weather
Freight railroad CSX Corp. said its first-quarter and full-year 2014 earnings will be lower than previously expected because of severe weather early in the year.
March 12, 2014CSX’s Income Falls in 4Q
CSX Corp. said Jan. 15 its fourth-quarter profit fell slightly from a year ago, but its revenue and volume increased.
January 16, 2014CSX Reports Higher Third-Quarter Profit
CSX Corp.’s third-quarter earnings rose to $463 million, or 46 cents a share, from $455 million, or 44 cents, a year ago.
October 15, 2013CSX Reports Higher Second-Quarter Profit
CSX Corp.’s second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.
July 17, 2013CSX Sues Truck Driver Over Baltimore Derailment
CSX Corp. is suing a garbage truck driver and his company for negligence in a May 28 derailment and subsequent explosion of a freight train in a Baltimore suburb, and is seeking at least $225,000 in damages, the Associated Press reported.
June 21, 2013CSX Reports Higher 1Q Profit
Eastern freight railroad CSX Corp. reported higher first-quarter profit from a year ago.
April 17, 2013CSX Reports Higher 2Q Income
CSX Corp.’s second-quarter earnings rose as growth in container-car shipments eased the effects of sliding coal volumes, Bloomberg reported.
July 18, 2012CSX Reports Jump in 1Q Income, Revenue
CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011CSX to Boost Dividend 8%
CSX Corp. said it would raise its quarterly dividend 8% to 26 cents per share, from the previous 24 cents.
September 30, 2010CSX, D.C. File to Dismiss Hazmat Lawsuit
CSX Transportation and the District of Columbia filed a motion in federal court last week saying they plan to end their litigation over an attempt by the city to ban hazardous materials shipments.
June 24, 2010