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CSX delivers relatively flat 3Q profit despite volume dip
2015-10-13 23:54:58| Railroads - Topix.net
CSX Corp. reports quarterly financial results on Tuesday, Oct. 13, 2015. A federal appeals court on Tuesday reinstated a lawsuit challenging the New York Police Department's surveillance of Muslim groups in New Jersey after the Sept.
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flat
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CSX Delivers Relatively Flat 3Q Profit Despite Volume Dip
2015-10-13 23:54:57| Railroads - Topix.net
Tight cost controls helped CSX Corp. deliver relatively flat third-quarter profit even though the railroad hauled 3 percent less freight and continued facing weak coal demand. The Jacksonville, Florida-based company said Tuesday it earned $507 million, or 52 cents per share.
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flat
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delivers
Analysts will be watching CSX earnings report
2015-10-13 15:49:28| Railroads - Topix.net
Another quarterly earnings season kicks off this week with CSX Corp., and analysts will be paying close attention to the Jacksonville-based railroad company for a couple of reasons. One is that CSX will be the first major railroad to report its numbers.
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U.S. Says CSX Missed Rail Defect Blamed For Oil Train Derailment
2015-10-13 08:25:40| Railroads - Topix.net
A fiery oil train derailment that forced the evacuation of hundreds of people in West Virginia last February was caused by a rail defect that railroad inspectors from CSX Corp. missed twice in the preceding months, U.S. regulators said on Friday. Twenty-seven of the train's 109 cars derailed near Mount Carbon, West Virginia, on Feb. 16. At least nine cars caught fire and burned for days, strengthening support for tougher oil train safety standards for trains carrying U.S. crude from North Dakota's Bakken region.
CSX lobbies to have oil train derailment lawsuits thrown out of court
2015-10-12 17:02:27| Railroads - Topix.net
KNOXVILLE, Tenn. - Three federal lawsuits filed against CSX Transportation Inc. over a train derailment and chemical fire in Maryville can be joined into a single case, though CSX is still trying to get the litigation thrown out of court.
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