55.84 0.00 (0.00%)
After hours: 5:01PM EST
|Bid||55.47 x 100|
|Ask||58.45 x 500|
|Day's Range||54.58 - 55.87|
|52 Week Range||45.41 - 60.04|
|PE Ratio (TTM)||9.32|
|Forward Dividend & Yield||0.88 (1.60%)|
|1y Target Est||N/A|
The Maryland Port Administration is studying two alternatives for the previously killed Howard Street Tunnel project, while CSX Corp. staff is preparing a possible proposal for the company's new CEO. James J. White, executive director of the Port Administration, provided an update on the Howard Street Tunnel to a House of Delegates budget committee on Wednesday. White told lawmakers the state's Deputy Secretary of Transportation Jim Ports met with Maryland's Congressional delegation and CSX CEO James Foote.
Moody's Investors Service ("Moody's") assigned a Baa1 rating to the new senior unsecured notes that CSX Corporation ("CSX") plans to issue. The net proceeds of the offering will be ...
While GWR’s revenues rose 10% in the fourth quarter 2017, its operating expenses rose just 0.1%. GWR’s North America segment’s adjusted operating margin fell 3.5% to 23.6%, from 27.1% in 4Q16. Its operating income per share was $0.01 lower due to higher claims expenses.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSX. Over the last one-month, outflows of investor capital in ETFs holding CSX totaled $719 million.
The rate of accidents involving CSX Corp. trains have been rising as its workforce has been dramatically slashed, with some workers saying morale at the Jacksonville-based railroad is at a new low. National attention has focused on the safety of CSX operations in the wake of a crash between Amtrak and CSX trains Feb. 4 near Columbia, South Carolina. A misaligned switch that a CSX employee reported was in the correct position sent the Amtrak train directly into a parked CSX freight train, killing two and injuring 116, according to federal investigators.
This has been a tough week for CSX Corp. (CSX), which on Sunday was involved in a fatal crash with an Amtrak train . Sources have told the Business Journal that a miscommunication amongst CSX workers led to the crash , in which the Amtrak train was sent down the incorrect track. CSX has been going through a lot of changes in the past year, since E. Hunter Harrison took over as CEO (before passing away in December) and began trimming staff in a bid for greater efficiency .
The widow of an Amtrak train conductor killed this week in a South Carolina collision filed a lawsuit on Thursday against Amtrak and CSX Corp, the Florida Times-Union reported. Conductor Michael Cella and engineer Michael Kempf were killed in the Sunday crash between a New York-to-Miami Amtrak passenger train and an unoccupied CSX freight train. Cella's widow, Christine Cella, filed the wrongful death lawsuit in Duval County, Florida, where the couple lived, the newspaper reported, citing Cella's attorney.
The operating ratio, a major focus of the railroad's efficiency-focused leadership, improved 1.5 percentage points to 67.9 percent, according to the report released Thursday. CSX moved 2.7 million carloads of merchandise (chemicals, automobiles, agricultural products, metals, etc.) and 855,000 carloads of coal. Volumes in every segment of merchandise shipments declined last year.