Filed in CSX
Wednesday, October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
Wednesday, April 18, 2012
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Tuesday, November 29, 2011
As freight transportation volumes are primarily showing flat or modest growth levels, intermodal still is showing very strong growth prospects, with the very likely possibility that the drivers for future intermodal gains are very promising.
Thursday, November 10, 2011
Taking steps to enhance the joint intermodal service they launched in March 2010, entitled UMAX, Class I railroad carriers Union Pacific and CSX recently announced service enhancements for this offering.
Wednesday, October 19, 2011
As it has done many times in the past, Class I railroad carrier CSX led off the rail earnings season with a strong performance, reporting record-setting third quarter earnings of $506 million and $0.43 per share.
Thursday, October 13, 2011
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
Tuesday, August 30, 2011
Class I rail carrier CSX recently announced it has invested $59 million in an intermodal terminal expansion in Columbus, Ohio, which is part of the company’s National Gateway initiative.
Wednesday, July 20, 2011
Class I railroad carrier CSX got things rolling on the tracks with record-setting second quarter earnings of $506 million and $0.46 per share for a 28 percent annual gain. This topped Wall Street estimates in the $0.44 per share range.
Thursday, May 19, 2011
The National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.
Thursday, February 24, 2011
National Gateway officials said that the Northeast Ohio Terminal is the cornerstone of a new double-stack freight rail corridor between East Coast sea ports such as the Port of Baltimore and the Midwest.
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