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CSX to continue to raise prices as it focuses on improving efficiency
2015-01-15 00:22:43| Railroads - Topix.net
CSX Corp. is looking to continue raising its prices in 2015, buoyed by a shortage of truck drivers that has helped push freight off trucks and onto rail. "The market for truck and rail is tight," CSX CEO Michael Ward told the Business Journal.
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CSX expects double-digit earnings growth in 2015
2015-01-14 19:12:54| Railroads - Topix.net
NEW YORK - CSX Corp, the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.
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CSX announces record 4Q and full-year 2014 results
2015-01-14 19:12:52| Railroads - Topix.net
JACKSONVILLE, Fla. - CSX Corporation today announced record fourth-quarter 2014 net earnings of $491 million, a 15 percent increase from $426 million for the same period last year.
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CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms
2015-01-14 16:13:10| Railroads - Topix.net
The fourth-quarter results, the first by a U.S. railroad, gave a broad glimpse into the benefits from lower energy costs before producers began paring investment in the oil patch. U.S. railroads, a gauge of economic health because of the range of products they haul, saw traffic rise 4.5 percent in the period.
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CSX Earnings: What Its Record Results Mean for 2015
2015-01-14 00:34:41| Railroads - Topix.net
Coming into Tuesday afternoon's fourth-quarter financial report, CSX shareholders were confident that even with the recent plunge in crude oil prices, the net effect on CSX's business would be positive, as fuel-cost savings would outweigh any loss of shipment volumes from energy products. For now, CSX appears to have proven those optimistic views correct, with strong results that set new records for the company and largely matched what most had expected from the railroad.
Tags: results
record
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csx
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