CSX Corp is a leading transportation company that operates a substantial freight rail network in the eastern United States, offering services for a diverse range of industries. The company specializes in the movement of various commodities, such as coal, chemicals, intermodal containers, agricultural products, and automotive components, ensuring efficient transportation solutions that support both local and national economies. With a commitment to operational efficiency and sustainability, CSX leverages advanced technology and infrastructure to enhance the reliability of its services, making it a crucial player in the logistics and transportation sector. Read More
JACKSONVILLE, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2025 operating income of $1.04 billion compared to $1.34 billion in the prior year period. Net income was $646 million, or $0.34 per diluted share, compared to $880 million, or $0.45 per diluted share, in the same period last year. 1
JACKSONVILLE, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) has recognized 62 customers with its 31st Annual Chemical Safety Excellence Award for their dedication to safely transporting hazardous materials across the company’s rail network in 2024.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the transportation and logistics industry, including CSX (NASDAQ:CSX) and its peers.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has secured a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers & Helpers (IBB).
JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has secured new five-year tentative collective bargaining agreement with the Brotherhood of Railroad Signalmen (BRS).
JACKSONVILLE, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 16, 2025. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.
Over the last six months, CSX’s shares have sunk to $30.02, producing a disappointing 11.9% loss while the S&P 500 was flat. This was partly due to its softer quarterly results and might have investors contemplating their next move.
JACKSONVILLE, Fla., March 05, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 2025 JP Morgan Industrials Conference in New York on Tuesday, March 11, at 7:30 a.m. Eastern time.
JACKSONVILLE, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by The International Association of Machinists & Aerospace Workers (IAM) have voted to ratify the five-year collective bargaining agreement.“IAM’s ratification is a testament to the strength of our partnership with union leadership,” said Joe Hinrichs, President and CEO of CSX. “This underscores our commitment to fostering a workplace where every employee feels valued and respected. Together, as ONE CSX, we will continue enhancing safety, efficiency, and service to secure sustained growth.”
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
