CSX railroad profit slips 2% as shipping demand remained weak and severance costs hurt results

CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs ...
Jacksonville Daily Record

CSX reports lower earnings in sluggish freight environment

CSX Corp. reported lower revenue and earnings in the fourth quarter amid a sluggish freight environment, with the ...
Trains

CSX, BNSF detail preparations for major winter storm (updated)

CSX and BNSF Railway today outlined plans to deal with the operational challenges from a major winter storm that could affect ...

Fed. Judge Allows CSX's Trespass Claims to Continue Against Fiber Optics Co.

An Illinois federal court allowed the railway company to proceed with its claims alleging that Zayo Group trespassed and ...

CSX got a boost from the merger mania among the railroads last summer, says Jim Cramer

Mad Money' host Jim Cramer gets a read on railroad company CSX. Got a confidential news tip? We want to hear from you. Sign ...
Trains

CSX sees small drop in revenue, slight gain in volume

CSX said today that its fourth quarter profits were weighed down by ongoing freight doldrums that the railroad doesn’t expect to turn around anytime soon. “Our quarterly results reflect the subdued ...

One dead after train strikes car in Dunkirk

One man is dead after being struck by a CSX train in the City of Dunkirk this afternoon.
Seattle Daily Journal of Commerce

CSX railroad profit slips 2% as shipping demand remained weak

CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall.