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This weekend's Barron's cover story offers 12 alternatives to bonds for income investors. Other featured articles examine values stocks worth a look, parallels between internet and transportations stocks, and how to play a consumer discretionary rebound. Also, the prospects for a luxury...

The Georgia Ports Authority (GPA) reported this week that while year-over-year container volume was down, May's figures actually were better than expected. The Port of Savannah's Garden City Terminal moved 337,359 twenty-foot equivalent units (TEUs) in May, a decrease of 9.7% or 36,000 TEUs...

Southeastern U.S. ports are expanding capacity to handle larger container vessels and/or increased rail traffic. Here are some recent updates at the ports of Savannah and Charleston: Mason Mega Rail Milestone Enables Rail Capacity Expansion The Port of Savannah is poised to expand service and...

Private equity funds and other investors are scouring 35,000 miles of North American short-line rail track for deals even as the industry sees one of the biggest volume drops since 2008.  The hunt for acquisitions among the roughly 500 companies in the space comes as investors see first-mile...

Eastern U.S. railroad CSX's (NYSE: CSX) use of a train inspection portal (TIP) to look for defects as a train is going full speed has been a success so far, company representatives said, with the technology developing algorithms to catch potential flaws. CSX has been using the TIP, which has been...

Eastern railroad CSX (NASDAQ: CSX) expects its annual revenue to be flat to 2% lower in 2020 amid a systemic decline in coal volumes and an industrial economy that might take some time to improve, company executives said Thursday during CSX's fourth-quarter earnings call. "We expect underlying...

CSX's (NASDAQ: CSX) net profit for the fourth quarter of 2019 slipped 8.5% amid declining revenues due to lower volumes and coal market headwinds, the company said Thursday. Net earnings for the fourth quarter totaled $771 million, or 99 cents a share, compared with $843 million, or $1.01 a share...

CSX (NYSE: CSX) and state partners in Virginia have agreed to create separate routes for passenger rail and freight rail south of Washington, D.C. and into Virginia. The $3.7 billion investment includes building a new Long Bridge across the Potomac River. The new bridge, which will be owned by the...

FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. CSX (NASDAQ: CSX) has designated the Henderson Bypass rail site in Henderson, Kentucky, as a CSX Select Site, a "development-ready property...

The state of Maryland has secured funding to reconstruct Baltimore's Howard Street Tunnel to allow for double stacking, but the details are still forthcoming. The Baltimore Sun reported on Dec. 5 that Maryland has enough funds for the project, which would enable CSX (NASDAQ: CSX) to run double...

Before the Canadian National (NYSE: CNI) or CSX (NASDAQ: CSX) rolled out precision scheduled railroading (PSR) under the leadership of the late E. Hunter Harrison, a much smaller terminal railroad company in the eastern United States was demonstrating aggressive cost reduction. It was Consolidated...

CSX (NASDAQ: CSX) is taking a bold transparency move. In releasing this kind of performance information, it is also at the early stages of disclosing how poor logistics delivery to customers has been in the past. But, to correct and improve, it is necessary to admit the depth of the service...

Despite lower revenues in the third quarter of 2019, CSX (NYSE: CSX) lowered its operating ratio to a company record of 56.8 percent, compared with 58.7 percent in the third quarter of 2018. Operating ratio can be a measure of a railroad's profitability. The lower the percentage, the higher the...

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...