CSX Corp. News Updates

Railroad

Business

CSX Reports Q2 Earnings That Beat Expectations

Class I freight railroad CSX Corp. reported strong second-quarter results July 20, bolstered by automotive shipments, but said hiring and retention challenges continue.

July 21, 2022
GovernmentBusinessLogisticsTCA

CSX Completes Purchase of Pan Am Railways

MECHANICVILLE, N.Y. — CSX Corp. has completed its long-sought purchase of Pan Am Railways.

June 27, 2022
BusinessLogistics

CSX Turns Away Freight as Railroad Struggles to Fill Jobs

CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.

June 2, 2022
BusinessLogistics

CSX Reports Strong Q1 Earnings

CSX Corp. reported first-quarter earnings April 20 that beat Wall Street analysts’ expectations.

April 21, 2022

CSX to Pay Workers More Ahead of Expected Raises

OMAHA, Neb. — CSX has agreed to start paying some of its employees more in advance of raises the railroad expects to agree to as part of ongoing national contract talks.

April 20, 2022
BusinessLogisticsTCA

STB Approves Pan Am Railways Merger With CSX

Pan Am Railways, Maine’s largest rail operator, will merge with Jacksonville, Fla.-based CSX Transportation, the fourth-largest rail transportation company in the U.S.

April 18, 2022
BusinessTop 50

CSX Earnings in Q4 Beat Wall Street Expectations

CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.

January 21, 2022
GovernmentBusinessLogisticsTCA

CSX Purchase of Pan Am Railway Gets Federal Hearing

Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.

January 10, 2022
GovernmentBusinessLogistics

Expansion Underway for Baltimore’s Howard Street Tunnel

Federal officials, Maryland Gov. Larry Hogan and a host of other stakeholders said expansion of the 126-year-old, 1.7-mile Howard Street Tunnel in Baltimore is long overdue.

November 30, 2021
BusinessLogistics

New Inland Port Opens in North Carolina

As the nation’s major seaports experience more congestion, another inland port facility will help to move freight along the Eastern Seaboard. The Carolina Connector, near Rocky Mount, N.C., is where shipping containers are transferred between trucks and trains.

November 19, 2021