CSX Corp. matched analysts鈥 profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.
January 14, 2015BusinessLogistics
Alabama Fuel-Tax Exemption Discriminates Against Rails, CSX Tells Supreme Court
WASHINGTON 鈥 The Supreme Court last week heard arguments in a case that could cost some states millions of dollars in lost fuel-tax revenue and allow railroads to pay less for fuel than truckers.
December 15, 2014BusinessLogistics
CSX's Income Rises to $509 Million
CSX鈥檚 net income increased to $509 million, or 51 cents a share, from $455 million, or 45 cents, a year earlier.
October 15, 2014BusinessLogistics
CSX Net Income Rises 1.5%
CSX Corp. reported second-quarter net income rose 1.5% to $529 million, or 53 cents per share, helped by revenue increases in the intermodal, chemicals and agricultural products freight.
July 15, 2014BusinessLogistics
CSX Expects 鈥淢ore Modest鈥 Earnings Growth Due to Weather
Freight railroad CSX Corp. said its first-quarter and full-year 2014 earnings will be lower than previously expected because of severe weather early in the year.
March 12, 2014BusinessLogistics
CSX鈥檚 Income Falls in 4Q
CSX Corp. said Jan. 15 its fourth-quarter profit fell slightly from a year ago, but its revenue and volume increased.
January 16, 2014BusinessLogistics
CSX Reports Higher Third-Quarter Profit
CSX Corp.鈥檚 third-quarter earnings rose to $463 million, or 46 cents a share, from $455 million, or 44 cents, a year ago.
October 15, 2013BusinessLogistics
CSX Reports Higher Second-Quarter Profit
CSX Corp.鈥檚 second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.
July 17, 2013BusinessLogistics
CSX Sues Truck Driver Over Baltimore Derailment
CSX Corp. is suing a garbage truck driver and his company for negligence in a May 28 derailment and subsequent explosion of a freight train in a Baltimore suburb, and is seeking at least $225,000 in damages, the Associated Press reported.
June 21, 2013BusinessLogistics
CSX Reports Higher 1Q Profit
Eastern freight railroad CSX Corp. reported higher first-quarter profit from a year ago.
April 17, 2013