WEATHER ALERT
22 hours ago
CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
Read full article: CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger loomsCSX railroad replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs.
CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a deal
Read full article: CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a dealThe prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said they weren't interested in a deal.
CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarter
Read full article: CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarterCSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow.
A hidden gem of whitewater rafting faces an uncertain future after Hurricane Helene
Read full article: A hidden gem of whitewater rafting faces an uncertain future after Hurricane HeleneWhitewater outfitters on the Nolichucky River are facing an uncertain future after Hurricane Helene devastated this scenic spot on the North Carolina-Tennessee border.
Union Pacific and CSX both deliver solid results while preparing for possible impact of tariffs
Read full article: Union Pacific and CSX both deliver solid results while preparing for possible impact of tariffsBoth Union Pacific and CSX delivered solid results in the fourth quarter as the railroads prepared to deal with whatever challenges President Donald Trump's administration or the economy might present this year.
CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapse
Read full article: CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapseCSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports.
CSX profit drops 10% despite railroad delivering 3% more freight in first quarter
Read full article: CSX profit drops 10% despite railroad delivering 3% more freight in first quarterCSX railroad's first-quarter profit slipped 10% even though the railroad delivered 3% more goods as shipments it handled shifted to a less-profitable mix.
CSX 4Q profit slips but railroad keeps its trains running smoothly and predicts profitable 2024
Read full article: CSX 4Q profit slips but railroad keeps its trains running smoothly and predicts profitable 2024CSX's fourth-quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly.
CSX's second-quarter profit declined as the railroad delivered fewer imported goods
Read full article: CSX's second-quarter profit declined as the railroad delivered fewer imported goodsFewer shipping container deliveries this spring slowed railroad CSX's second-quarter profit and offset a sharp increase in shipments of automobiles.
CSX railroad profit up 9% on higher fuel surcharges, rates
Read full article: CSX railroad profit up 9% on higher fuel surcharges, ratesCSX railroad says it hauled in 9% more fourth-quarter profit even though it carried less cargo because it received more money for fuel surcharges and higher shipping rates.