|Bid||69.10 x 800|
|Ask||70.16 x 1200|
|Day's Range||69.78 - 71.35|
|52 Week Range||48.26 - 76.24|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||10.12|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||0.88 (1.28%)|
|1y Target Est||78.89|
Industrials are feeling the pinch of the volatile market. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Scott Gamm and Seema Shah of Principal Global Investors discuss.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Duckworth Construction Company has been awarded a permit for work on the 14th floor of the building, located at 500 Water St.
CSX's third-quarter 2018 results are likely to be aided by higher revenues from the coal, intermodal and merchandise segments, and reduced costs from the Precision Scheduled Railroading model.
Canadian Pacific Railway (CP) registered 6% YoY (year-over-year) carload traffic growth in week 39. CP moved ~37,100 railcars excluding intermodal traffic in the week compared to ~35,000 units in the same week last year. The railroad’s YoY rail traffic volume gain of 2.8% was in third place during the week. Union Pacific (UNP) remained in first place with 4.9% gains. CSX (CSX) with a 4% gain ranked second. Kansas City Southern (KSU) ranked fourth in terms of week 39’s total volume gains.
In week 39, Canadian National Railway (CNI) recorded a 1.4% YoY (year-over-year) carload traffic gain. The railroad moved ~67,300 railcars excluding intermodal traffic from ~66,400 units in the comparable period of 2017.
A long-simmering dispute between CSX Corporation (NYSE: CSX) and its rival Norfolk Southern Corporation (NYSE: NSC) has landed in court, with CSX claiming that Norfolk Southern's control of a small railroad within the port of Hampton Roads is all but blocking CSX from launching any intermodal service from there. According to the case filed last week kin U.S. District Court for the Eastern District of Virginia, the focus of the suit is the Norfolk & Portsmouth Belt Line Railroad (NPBL). It is jointly owned by CSX and Norfolk Southern and was described in the suit as a "terminal switching railroad." According to the lawsuit, it was created in 1896 to be shared by many railroads, and ownership was distributed among many railroads, with none having a controlling interest.
CSX (CSX), a major Eastern US railroad, reported 5.9% YoY (year-over-year) growth in week 39 carload traffic. The company moved ~73,100 railcars excluding intermodal units in the week compared to 69,000 units in the same period last year.
Solid demand for air travel boosts Allegiant's (ALGT) September traffic. Load factor improves on the back of traffic growth outweighing capacity expansion.
The AAR (Association of American Railroads) published its weekly traffic data on October 3. The data pertained to 12 major North American railroads during week 39, which ended on September 29. The rail traffic data is grouped into carload traffic and intermodal units. Intermodal units are expressed in containers and truck trailers.
CSX (CSX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rail stocks stand out in a weak market. Canadian National, Canadian Pacific, CSX, Union Pacific and more are on track amid a strong economy, a new trade deal and rising gas prices.
CSX Transportation (CSX) today announced that Edward J. Kelly, III has advised CSX’s Board of Directors that he will retire from the Board in January 2019, following the release of CSX’s fourth quarter earnings. Mr. Kelly has served on the Board for more than 16 years, including ten years as either Presiding Director or Chairman. The Board has elected John J. Zillmer as Chairman, effective upon Mr. Kelly’s retirement. James M. Foote, President and Chief Executive Officer, said “on behalf of the Board and all CSX employees, I would like to thank Ned for his extraordinary leadership, dedication and contributions to CSX.
Two giants of the rail industry made the move in an attempt to simplify their customers' supply chains.
Two more lawsuits have been filed alleging Jacksonville, Florida-based train giant CSX is responsible for Hurricane Florence-related flooding in Lumberton.
Today, the Board of Directors of CSX Corporation (CSX) approved a $0.22 per share quarterly dividend on the company's common stock. CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 190 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
Rail stock CSX is the IBD Stock Of The Day, the leader in a top industry group. CSX is benefiting from a strong U.S. economy, and its stock is near a buy point.
JACKSONVILLE, Fla., Oct. 02, 2018 -- CSX Corporation (NASDAQ: CSX) today announced new growth initiatives for its Northwest Ohio Intermodal Terminal. These initiatives include:.