|Bid||56.60 x 300|
|Ask||58.14 x 200|
|Day's Range||56.55 - 57.51|
|52 Week Range||45.41 - 60.04|
|PE Ratio (TTM)||9.50|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||0.88 (1.55%)|
|1y Target Est||63.30|
The top U.S. railways regulator plans to hold a series of meetings with disgruntled shippers and other customers starting next month, after fresh complaints over service delays and higher costs from automotive and grain lobby groups. The Surface Transportation Board's last major public hearing was in October and focused on service issues at the CSX Corp railroad. Reuters reported two weeks ago that a drive to cut costs and boost margins at CSX, Norfolk Southern Corp, and Union Pacific Corp was hurting some of America's largest rail customers.
Twenty CSX Corp. (CSX) employees who were fired or suspended for their use of federally-protected medical leave filed suit Tuesday in Maryland. The suit comes on the heels of a suit that 46 fired employees filed in West Virginia in February, which also alleged CSX disciplined employees for fraud and dishonesty without evidence. “While CSX employees understand that working on weekends and holidays comes with the territory, they did not anticipate having to work through serious illnesses, miss their children’s births, or choose between caring for their sick loved ones and losing their jobs,” reads the newly filed suit.
The turnaround of Freight Railroad industry can be attributed to an improvement in the coal-related scenario and a boost in intermodal volume.
JACKSONVILLE, Fla., March 09, 2018-- James M. Foote, CSX Corporation President & CEO, will address the J.P. Morgan Aviation, Transportation and Industrials Conference in New York City on Wednesday, March ...
After CSX Corporation’s (NASDAQ:CSX) earnings announcement in December 2017, the consensus outlook from analysts appear pessimistic, with earnings expected to decline by -51.29% in the upcoming year against the pastRead More...
Railroad says it will eliminate ‘tens of thousands of touches’ in a leaner network, but will keep maintenance and track upgrades in place.
Rail-based freight transportation company CSX Corporation (NASDAQ: CSX ) held its 2018 Investor and Analyst Conference on Thursday in New York City. The Analysts Morgan Stanley analyst Ravi Shanker maintained ...
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 $9.90 billion.
Harrison, an investor favorite for leading turnarounds of Canada's two major railroads, died just eight months into a dramatic restructuring campaign that included slashing jobs, shutting multiple rail yards, mothballing locomotives and rail cars and running fewer - but longer - trains on strict schedules rather than based on customer needs. "We are picking up right where Hunter left off, and we are going to deliver, just as he envisioned," Jim Foote, who was appointed to succeed Harrison in December, told Reuters in an interview after outlining details of CSX's three-year plan at an investor meeting in New York.