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CSX Installs New Leadership
Thursday, October 3, 2019 - 11:13am | 344Eastern 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...
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Barron's Picks And Pans: Apple, CSX, Tapestry, Total, Viacom And More
Saturday, September 14, 2019 - 1:06pm | 660This 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...
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CSX Chief Outlines Company's Changing Mindset As E-Commerce Grows
Thursday, September 12, 2019 - 2:06pm | 866The 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...
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CSX And Norfolk Southern Ready Themselves For Dorian
Wednesday, September 4, 2019 - 9:16am | 346Eastern 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...
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Canadian National To Buy 220-Mile Line From CSX
Friday, August 30, 2019 - 3:49pm | 318Canadian 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...
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Greenbrier, CSX And Norfolk Southern Announce Executive Appointments
Thursday, August 29, 2019 - 5:24pm | 997Railcar 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...
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CSX And Canadian National To Form New Intermodal Service
Friday, August 9, 2019 - 3:41pm | 426Canadian 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...
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CSX Lowers Revenue Outlook For 2019
Wednesday, July 17, 2019 - 10:46am | 1024CSX 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,...
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CSX Sees Record Second Quarter Operating Ratio
Tuesday, July 16, 2019 - 5:22pm | 409Despite 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...
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CSX's First-Quarter Operating Ratio Falls Under 60 Percent On Higher Profits
Tuesday, April 16, 2019 - 5:37pm | 471CSX (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...
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First Look: CSX Reports A Softer OR Than In The Third Quarter, But It's Still Better Than Last Year
Thursday, January 17, 2019 - 11:36am | 809--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...
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Benzinga's Weekly Bulls & Bears: Bitcoin, Ford, Lululemon, Nike And More
Sunday, December 17, 2017 - 12:47pm | 732Benzinga 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...
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Benzinga's Picks And Pans: IBM, Nike, Sears And More
Sunday, March 26, 2017 - 11:16am | 675Benzinga 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...
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Benzinga's Picks And Pans: BlackBerry, McDonald's, Rite Aid And More
Monday, March 20, 2017 - 10:09am | 699Benzinga has featured a look at many investor favorite stocks over the past week. That includes how one fast-food giant is taking on the competition and how traders can play a potential failed merger. The outlooks for rail stocks, a struggling retailer and a cellphone maker left for dead are also...
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Barron's Picks And Pans: Trump Stocks, Thermo Fisher, Discover And More
Sunday, November 13, 2016 - 3:59pm | 678This weekend's Barron's takes a look at the expected winners and losers following Donald Trump's election victory. The prospects for a leading biotechnology product development company and a prominent financial services company are also examined. Other featured stories offer...