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CSX And Norfolk Southern: Glasses Half Full?

2015-11-08 21:26:26| Railroads - Topix.net

It is obvious why CSX's and NSC's shares should track each other, but it is odd that they have not reflected the significant differences in their fundamentals. Consequently, NSC has higher forecast growth in 2016 and is trading at a premium to CSX.

Tags: full half southern norfolk

CSX begins clearing site for Intermodal Rail Terminal

2015-10-30 08:39:24| Railroads - Topix.net

The railroad tracks located along Route 51 in McKees Rocks and Stowe were closed Oct. 19 to allow for demolition of overhead portions of the 103-year-old Presston pedestrian bridge, part of ongoing site clearing and building demolition in preparation for the construction of CSX Corporation's Pittsburgh Intermodal Rail Terminal. A seven-hour window was provided for razing the overgrown bridge linking Presston - a small Stowe neighborhood comprised of former Pressed Steel Car Company homes - to current day Island Avenue, also known as Route 51. The footbridge was officially closed to foot traffic about 23 years ago.

Tags: site begins terminal rail

FL: CSX Tracks May be Route to Commuter Rail's Future

2015-10-27 16:33:21| Railroads - Topix.net

Oct. 25--TAMPA -- Is the solution to the Tampa Bay area's mass transit woes already crisscrossing Hillsborough, Pasco and Pinellas counties? That's a question local planners will begin considering in the weeks and likely years to come as Jacksonville-based CSX Corp. considers selling off two rail lines that could conceivably be operated as commuter routes. CSX floated the sale of 96 miles of track at a recent meeting of the Tampa Bay Transportation Management Area Leadership Group, which includes three elected officials each from the three counties' Metropolitan Planning Organizations and sets regional transportation priorities.

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