|Bid||54.84 x 0|
|Ask||55.06 x 0|
|Day's Range||53.97 - 53.97|
|52 Week Range||40.53 - 54.18|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Initially, the case was introduced in a Brunswick County superior court. This week, the case was removed to a federal court in Raleigh.
The project could bring more than 1 million square feet of development to the CSX land by H Street and New Jersey Avenue in Southeast.
The Precision Scheduled Railroading model lowers costs at CSX, thus boosting bottom-line growth. The new tax law is an added positive.
CSX Corporation (CSX) President and Chief Executive Officer James M. Foote will address the Bernstein 34th Annual Strategic Decisions Conference in New York City on Wednesday, May 30, at 9:00 a.m. EDT. More information about the company and its subsidiaries is available at www.csx.com and on Facebook (https://www.facebook.com/OfficialCSX).
In Week 19, Eastern US major railroad CSX (CSX) rose 1.9% YoY (year-over-year) in carload traffic. It hauled ~72,700 carloads compared to ~71,300 in Week 19 of 2017. Throughout much of 2018, this Florida-based rail giant has reported a YoY decline in railcar traffic. However, in the last few weeks, its carload volumes have shown an upward trend YoY. CSX’s carload volume growth was also much lower than US railroads’ 5.3% gain in that category.
On May 17, Union Pacific (UNP) stock closed at $142.49, up 0.8% from the closing price of $141.36 on May 16. Based on that closing price, UNP has a market capitalization of $109.7 billion—the highest among all major railroads in the US.
On May 10, Western US rail freight giant Union Pacific (UNP) declared a quarterly cash dividend of $0.73 per share on its common stock. In the first quarter, UNP raised its quarterly cash dividend from $0.665 per share to $0.73 per share. The company’s quarterly cash dividend on equity shares is payable on June 29 to stockholders of record on May 31.
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.
At CSX's annual shareholder meeting, CEO Jim Foote discussed ways the railroad intends to improve safety and efficiency.
CSX shareholders meet today at the Prime F. Osborn III Convention Center. Here's what they'll vote on.
Genesee & Wyoming (GWR) released its railcar traffic data for April 2018 on May 14. The company has operations in three regions: North America, UK/Europe, and Australia. In April, the company’s same-railroad freight traffic in these regions was ~269,600 carloads, up 3.6% YoY (year-over-year) from ~260,200. On a reported volume basis, GWR’s railcar volume was down 3.7% in April this year.
Genesee & Wyoming (GWR) is the largest short line carrier in the US and Canada with operations in the US, Canada, UK/Europe, and parts of Australia. Though it’s not a Class I railroad, it is often compared with US Class I railroads.
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. CSX is one of United States’s large-cap stocks that saw some insider buying overRead More...
was reviewed last month, and I recommended that, "Aggressive traders could go long CSX here and on strength above $62 looking for gains to the mid-$70's. Risk below $56 for now." Prices have continued chug higher. In this daily bar chart of CSX below, we can see that CSX rallied above $62 earlier this month so traders should have increased their long exposure. The On-Balance-Volume (OBV) line remains pointed up and continues to tell us that buyers of CSX have been more aggressive than the sellers.
A higher number of Americans are gearing up for a busy summer travel season. Be it by road or air, Americans this time are encouraged to travel thanks to a booming economy and growing consumer confidence.Source: Wikipedia
CSX Corporation (CSX) President and Chief Executive Officer James M. Foote will address the Wolfe Research 11th Annual Global Transportation Conference in New York on Wednesday, May 23, at 9:30 a.m. EST. More information about the company and its subsidiaries is available at www.csx.com and on Facebook (https://www.facebook.com/OfficialCSX).
In Week 18, Canada’s largest rail carrier, Canadian National Railway (CNI), saw its carload traffic rise 5.8% YoY (year-over-year) to ~65,800 railcars from ~62,200. Its growth was almost on par with US and Canadian railroads’ growth. In comparison, competitor Canadian Pacific Railway’s (CP) carload volumes grew 9.7%.
NEW YORK, May 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CSX ...
US rail carrier Norfolk Southern’s (NSC) carload traffic, excluding intermodal, rose by double digits (10.2%) YoY (year-over-year) in Week 18, to ~73,000 units from ~66,200.
In Week 18, major eastern US rail carrier CSX’s (CSX) carload traffic fell marginally YoY (year-over-year), by 0.22% to ~69,400 units from ~69,500. Throughout much of 2018, the Florida-based rail giant has reported YoY railcar traffic decline, though it seems to be getting back on track. In contrast, rival Norfolk Southern’s (NSC) carload traffic grew 10.2% in Week 18, and US railroads’ grew 6.4%.
So far this year, Western US rail freight giant Union Pacific’s (UNP) YoY (year-over-year) freight volume growth has lagged behind rival BNSF Railway’s (BRK.B). In Week 18, UNP’s carload traffic rose 5.2% YoY (year-over-year) to ~94,400 carloads (excluding intermodal units) from ~89,800. It underperformed BNSF Railway (BRK.B), whose carload traffic grew 10.7%, and US railroads.
A CSX executive is accusing some employees of "letting down their company" and "trying to sharpshoot the system" by taking time off.