Anyone with doubts of the U.S. Class I railroad industry’s pricing power and improved efficiency, should look at the major carriers’ first quarter financials.
CSX Transportation
17 Apr 2013
CSX Transportation and Norfolk Southern Railway may be taking different tracks to lure more truckload freight to the rails, but the outcome for intermodal shippers will likely be the same: a greater opportunity to blunt higher trucking costs by using increasingly faster and more reliable train services.
16 Apr 2013
CSX today reported net income in the first quarter of 2013 was $459 million, up 2 percent from $449 million in the same period last year.
29 Mar 2013
NORTH BALTIMORE, Ohio — CSX Transportation’s headquarters are in sunny Jacksonville, Fla., but the beating heart of its intermodal network is here under overcast skies in northwest Ohio.
06 Feb 2013
Behind the headlines trumpeting the major North American railroads' robust profits, there are plenty of moving parts.
25 Jan 2013
CSX will build a new 89-acre, $100 million intermodal rail terminal in the Perron Industrial Park in Salaberry-de-Valleyfield, Quebec...
25 Jan 2013
Jacksonville, Fla.-based class I railroad CSX Transportation, the main subsidiary of CSX Corporation, in collaboration with the Commonwealth of Massachusetts, has opened New England’s first double-stack cleared intermodal route...
22 Jan 2013
Jacksonville, Fla.-based Class I railroad CSX today reported its income in the fourth quarter of 2012 was $443 million, falling 3.1 percent compared with $457 million in the fourth quarter of 2011.
21 Jan 2013
Jacksonville, Fla.-based class I railroad CSX today announced a $26 million project to expand track on its River Line between northern New Jersey and the Albany, N.Y., region.
18 Jan 2013
Jacksonville, Fla-based rail and intermodal company CSX has appointed Andrew Glassman as vice president of operations finance.
18 Jan 2013
So much of major U.S. railroad volume this year depends on the weather.
14 Dec 2012
The U.S. government forecast is far from robust, but railroads would welcome any improvement, or even stabilization.
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