CSX Corp. News Updates

Railroad

BusinessLogistics

CSX Quarterly Profit Falls 24%, but Efficiency Improves

OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.

October 19, 2023
BusinessLogistics

CSX’s Q2 Profit Falls 15% Annually

OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.

July 21, 2023
GovernmentBusinessSafety

No Hazards Reported as Freight Train Derails in Pennsylvania

WHITEMARSH TOWNSHIP, Pa. — A freight train derailment in Pennsylvania early July 17 spurred precautionary evacuations, but officials said there was no known hazard to the public.

July 17, 2023
BusinessGlobal Freight

CSX and CPKC Will Connect to Increase Traffic in Southeast

CSX and CPKC railroads announced a deal June 28 that will allow them to beef up a little-used connection between their two networks in the southeastern United States to handle more freight.

June 29, 2023
GovernmentBusinessSafety

CSX Reports Strong Q1 Earnings

Class I railroad CSX Inc. on April 20 announced first-quarter earnings that beat Wall Street analysts’ expectations.

April 21, 2023
GovernmentBusinessSafetyLogistics

Some CSX Conductors to Be First With Sick Time

OMAHA, Neb. — A group of CSX conductors will soon become the first train crew employees at one of the major U.S. freight railroads to have paid sick time.

April 4, 2023
BusinessSafetyLogistics

CSX CEO Joe Hinrichs Wants Rail to Carry More Freight

CSX CEO Joe Hinrichs says he wants to repair broken relations with union workers and customers and attract more businesses to send their freight over rails instead of roads.

March 21, 2023
BusinessLogisticsGlobal Freight

Thousands of CSX Workers First to Get Paid Sick Leave

OMAHA, Neb. — Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.

February 8, 2023
BusinessTechnologyGlobal Freight

CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight

CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.

October 21, 2022
BusinessLogistics

CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO

CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.

September 15, 2022