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Toxic-gas leak in fiery CSX derailment delays shipping

2015-07-03 15:18:08| Railroads - Topix.net

A CSX Corp. train carrying highly flammable, toxic gas was still on fire Thursday, about 16 hours after derailing near Knoxville, Tennessee, causing the evacuation of 5,000 people and disrupting rail traffic. “The product in the tank car continues to burn, making it unsafe to set up any transfer operation,” CSX said in a statement about 3:30 p.m. local time Thursday.

Tags: shipping delays leak fiery

Rail Slump To Continue? CSX Bases Ahead Of Q2 Results

2015-07-02 04:58:04| Railroads - Topix.net

But rail operator has held up better than many of its peers, partly because of a stout 2.2% dividend yield . In April, along with healthy Q1 results, CSX announced a 13% hike in its quarterly dividend to 18 cents a share.

Tags: results continue ahead bases

Cramer says CSX and Norfolk Southern are being hurt because of declines in oil shipments.

2015-06-30 17:26:03| Railroads - Topix.net

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CSX Outperforms Its Railroad Peers

2015-06-24 12:43:01| Railroads - Topix.net

CSX Corp. owns 21,000 miles of rail serving major population centers in 23 states east of the Mississippi River, the District of Columbia and the Canadian provinces of Ontario and Quebec. The rail network has access to over 70 ocean, river and lake port terminals along the Atlantic and Gulf Coasts, the Mississippi River, the Great Lakes and the St. Lawrence Seaway.

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