The Justice Department yesterday urged the Surface Transportation Board to closely scrutinize Norfolk Southern’s bid for full control of the Norfolk & Portsmouth Belt Line, warning that the move could ...

CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that ...

At CSX, Blue Ridge Subdivision recovery work advances, Board Member Gen. Thomas Bostick earns the Gold de Fleury Medal, and ...

What a week this was for unexpected twists and turns in the Class I railroad merger landscape. First, on Monday Berkshire Hathaway Chairman Warren Buffett said the company would not bid on CSX or ...

The letter, which was initially private, was intended to be a “kick in the pants,” Chadwick added. CSX said in an emailed ...

CSX still sees sequential EBIT and margin growth in 2Q24. Our price target of $37 remains intact, reiterate Hold. CSX reported 1Q EPS of $0.46, a penny above our and the Street estimates of $0.45. OR ...

Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term ...

Union Pacific and Norfolk Southern spark merger talks, but BNSF and CSX unveil a game-changing partnership. Read my two cents ...

CSX Corporation’s(CSX) second-quarter 2023 earnings per share (EPS) of 49 cents matched the Zacks Consensus Estimate. However, the bottom line declined year over year. Total revenues of $3,699 ...

CSX ended the quarter with $1.36 billion in cash and equivalents, down by $598 million from last year. Total volume transported in the third quarter fell by 2% year-over-year to 1.55 million units.