csx

Eastern U.S. railroad CSX (NYSE: CSX) and Western U.S. rail carrier Union Pacific (NYSE: UNP) have made recent changes to their sales and marketing teams as both companies seek new opportunities in the merchandise segment. CSX CSX has tapped Farrukh Bezar to become its senior vice president of...

Back in the spring of 1992, a meeting took place between multiple railroads at a farm estate in remote Missouri. The purpose was to coordinate building an interline service track and trace data system that could help predict railroad freight performance at the carload level.  Interline reporting...

Eastern U.S. railroad CSX (NYSE: CSX) has promoted two members to its leadership team, the company said on October 2. It has appointed Kevin Boone as its chief financial officer (CFO) and Jamie Boychuk as executive vice president of operations. "Both Kevin and Jamie have played a significant...

This weekend's Barron's offers a look at what's in store for North American railroad stocks. Other featured articles discuss changing oil stock dividends and potential results from a major media merger. Also, the prospects for the iPhone maker, a luxury fashion company, a French oil...

The head of CSX (NYSE: CSX) said his company needs to change the way it does business so that CSX can compete with trucks and be a reliable option in the future where e-commerce is booming and coal is declining. "The days of going to the customer and saying, ‘what have you got for me today' are...

Eastern Class I railroads CSX (NYSE: CSX) and Norfolk Southern (NYSE: NSC) say customers should expect service delays this week as Hurricane Dorian brings heavy rains and strong winds to the southeastern coast of the U.S.  CSX expects Dorian to impact portions of CSX's network over the next three...

Canadian National (NYSE: CNI) is planning to acquire the 220-mile Massena rail line from CSX (NYSE: CSX), both companies said on August 29. The Massena line runs between Valleyfield in Quebec and Woodard in New York. Woodard is near Syracuse and Valleyfield is southwest of Montreal. The line also...

Railcar manufacturer Greenbrier (NYSE: GBX) and eastern U.S. railroads CSX (NYSE: CSX) and Norfolk Southern (NYSE: NSC) are adding some new faces to executive roles. The changes come as freight railroads implement precision scheduled railroading, an operational model that seeks to streamline...

Canadian National (NYSE: CNI) and eastern U.S. rail company CSX (NYSE: CSX) have announced plans to offer new intermodal service between the CSX-served ports of Philadelphia, New York and New Jersey and CNI's areas of greater Montreal and southern Ontario.  The service, which will begin on October...

CSX Corporation (NYSE: CSX) has lowered its revenue outlook for 2019 by 1 to 2 percent in response to a "puzzling" economic backdrop, and it plans to monitor its costs for the remainder of the year, company officials said on July 16. The lowered revenue outlook is in response to several factors,...

Despite a drop in profit in the second quarter, CSX's (NYSE: CSX) operating ratio set a company record. CSX said its operating ratio was 57.4 percent for the second quarter of 2019, setting a company record for the lowest second quarter operating ratio. In contrast, operating ratio for the second...

CSX (NYSE: CSX) achieved an operating ratio of less than 60 percent in the first quarter amid continued efforts to employ precision scheduled railroading (PSR) throughout its network. The railroad, whose network serves primarily the eastern U.S., reached an operating ratio of 59.5 percent in the...

--When CSX Corporation (NASDAQ: CSX) reported a third quarter 2018 operating ratio (OR) of 58.7 percent, an improvement of almost 1,000 basis points over the third quarter of 2017, it was such a stunning number that it set off enough discussion in the industry over the apparent enormous...

Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a top automaker, the yoga apparel leader and a global footwear giant. Bearish calls included a struggling toymaker, a cryptocurrency fad and a semiconductor firm. Investors are...

Benzinga has featured a look at many investor favorite stocks over the past week. That includes one old-school tech giant changing with the times and a pending merger that may be a victim of politics. The outlooks for rail stocks, a struggling retailer and a popular shoemaker are also...