|Bid||57.25 x 100|
|Ask||58.28 x 300|
|Day's Range||57.07 - 58.35|
|52 Week Range||35.59 - 58.35|
|PE Ratio (TTM)||29.72|
|Forward Dividend & Yield||0.80 (1.40%)|
|1y Target Est||N/A|
Zacks Industry Outlook Highlights: Norfolk Southern, CSX, Kansas City Southern, Genesee & Wyoming and Union Pacific
Among the major US railroads, Canadian National Railway (CNI) had the highest OCF-to-revenues ratio of 42.7% in 9M17.
The veteran railroad exec was brought in to lead a turnaround, but with the stock up more than 50% and challenges ahead, maybe it's best to take gains now.
Transport stocks are on pace for their best week in more than a year, and some market watchers say further gains are ahead.
CSX's precision scheduled railroading and shareholder-friendly measures bode well for the company. Its 2017 guidance too holds promise.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing CSX Corp. with the following peers – Kansas City Southern, Union Pacific Corporation, Genesee & Wyoming, Inc. Class A, Norfolk Southern Corporation, Canadian National Railway Company and Canadian Pacific Railway Limited (KSU-US, UNP-US, GWR-US, NSC-US, CNI-US and CP-US). CSX Corp.’s dividend yield is 1.43 percent ... Read more (Read more...)
CSX Corp Chief Executive Officer Hunter Harrison said on Wednesday he was "trying to stay back a little bit" to give his management team space to steer the No. 3 U.S. railroad through a major operations overhaul, a move he described as part of his succession plan. Harrison, a 73-year-old railroading legend appointed as CEO in March to great investor fanfare, stopped short of providing detailed succession plans while addressing a Credit Suisse conference in Palm Beach. Harrison praised Chief Operating Officer Jim Foote, who worked for Harrison when he led a turnaround at Canadian National Railway Co, and others he put in place in a leadership shakeup that rattled employees and investors last month.
In the week ended November 18, 2017, Jacksonville-based CSX (CSX) reported a 4.7% fall in carload traffic from the week ended November 19, 2016. CSX’s carloads fell to 69,500 units in the…
A CSX Corp freight train carrying hazardous molten sulfur derailed in central Florida on Monday, prompting authorities to tell residents to stay indoors for several hours, company officials said. The train was traveling to Winston, Florida, from Waycross, Georgia, when nine carriages, including four with molten sulfur, went off the track at around 2 a.m. EST in Lakeland, Florida, nearly 60 miles south of Orlando, said CSX spokesman Rob Doolittle. CSX officials said in the statement that several of the derailed cars were reported to be leaking molten sulfur, which is used in making rubber, detergent and fertilizers.
CSX Corp (CSX.O) will charge new fees for freight shipments to Mexico and hike charges for customers that fail to load or discharge railcars by agreed deadlines or ship unsafely loaded or overweight railcars as of Jan. 1, the company said. A Nov. 15 notice of the changes, seen by Reuters, would encourage customers to better conform to CSX's schedules as it faces persistent service delays and disruptions partly caused by its dramatic operations overhaul. CSX spokesman Rob Doolittle said by phone on Wednesday the charges were "in line with efforts to optimise the use of assets," including railcars.
High stakes and few updates: Executives in and around the I-95 corridor are still waiting for clarity on Jacksonville-based CSX’s Carolina Connector (CCX) , a $270 million terminal that, if built as initially planned, would swap massive cargo loads between trucks and trains. Governor Roy Cooper said Tuesday that the project’s future in Rocky Mount, where it’s been called both critical and game-changing by officials, continues to be uncertain. In comments reported in the Greenville Reflector , Cooper said a leadership change had the transportation company canceling all proposed intermodal terminals across the nation except for the one planned for Rocky Mount.
Jacksonville-based CSX (CSX) reported a 3.4% carload loss last week (ended November 11), the 45th week of 2017.
The overall freight traffic for US rail carriers was 1.2% higher last week (ended November 11) than during the week ended November 12, 2016.
Editor's Note: CSX gave the Business Journal a longer response to the employee complaints Tuesday morning. When dispatchers working for CSX Corp. across the country were told in June that their jobs were being relocated to Jacksonville, many of them quickly began to make the move — selling homes, changing their children's schools and uprooting their lives. The result: some dispatchers have been left homeless, forced to live out of their vehicles and away from their families and spend thousands of dollars on unexpected expenses.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to CSX Corp. Here are 5 ETFs with the largest exposure to CSX-US. Comparing the performance and risk of CSX Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
CSX Corporation (CSX) registered a 2.3% fall in freight volumes in the 44th week, which ended on November 4, 2017. The company moved ~70,400 railcars.
In week 44, which ended November 4, 2017, Norfolk Southern’s (NSC) railcar volumes rose slightly by 0.2%. However, intermodal shipments rose 7.9%.
BNSF’s Coal revenues in 3Q17 were $1 billion, a 5.9% rise from $953 million in the corresponding quarter last year.
In 3Q17, BNSF's Agricultural Products segment's freight revenues fell 9.4% to $992 million, from $1.1 billion in 3Q16.