CSX Corp. News Updates

Railroad

Business

CSX’s Q3 Earnings Beat Street Expectations

CSX Corp. announced third-quarter earnings that beat Wall Street analysts’ expectations. The Class I railroad's net income rose 32% to $968 million compared with $736 million in 2020.

October 21, 2021
BusinessLogistics

CSX Beats Expectations With Q2 Freight Surge

Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations.

July 22, 2021
BusinessLogisticsTCA

CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines

Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.

July 7, 2021
GovernmentBusinessTop 100TCA

CSX Plan to Buy Pan Am Railways Rejected

SPRINGFIELD, Mass. — Federal regulators recently rejected CSX’s plan to buy Pan Am Railways Inc., which operates 1,200 miles of track.

June 7, 2021
BusinessLogisticsTop 100

CSX to Acquire Quality Carriers

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.

May 12, 2021
BusinessTechnology

CSX Reports Mixed Q1

CSX Corp. reported lower first-quarter income and revenue compared with 2020, officials for the Class I railroad said April 20.

April 21, 2021
Business

CSX Reports Lower Q4 Earnings Amid COVID-19 Pandemic

CSX Corp. reported lower fourth-quarter and annual income and revenue compared with 2019, officials for the Class I railroad said Jan. 21.

January 25, 2021
BusinessLogisticsTCA

CSX Agrees to Buy New England’s Pan Am Railways

CSX Corp. has agreed to buy Pan Am Railways Inc., North America’s largest regional railroad based in New England, extending CSX’s reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

December 2, 2020
BusinessLogistics

CSX Reports Lower Q3 Net Income, Revenue

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

October 22, 2020
Business

CSX Earnings Slump in Q2 Amid COVID-19 Pandemic

CSX Corp. became the latest Class I freight railroad to report lower earnings because of the COVID-19 pandemic when it reported second-quarter results July 22.

July 27, 2020