Aug 14
Aug 4
Rep. Even Jenkins recent visit to the Huntington Locomotive Shop.
The war on coal is hurting many businesses that rely on coal, and I’m working to make sure good-paying jobs are here for West Virginians. I gave CSX employees in Huntington an update about my efforts to stop this administration’s radical agenda. source: Rep. Evan Jenkins facebook
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Aug 3
The Rally Is The Real Deal
CSX delivered a terrific second quarter; although revenue decreased 12% due to freight volumes dropping, CSX still managed to crush analyst expectations of $0.44 with a $0.47 EPS. This beat, can be attributed to management,s operational efficiency efforts and reducing costs where the company could. CSX focused on what it could do in times of turmoil….
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Aug 2
West Virginia Scenic Rail Adventures.
Summer in West Virginia brings a kaleidoscope of color to the mountains. The “Mountain State”, known for its blazing autumn canvas, displays as much color and beauty all summer long. Crystal clear, bubbling streams cascade down the mountains, dropping over waterfalls of varying depths, to pools alive with native trout. Mountainsides shimmer…
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Jul 18
CSX: Finally In The Clear?
Railroads are fantastic businesses: their scale is hard to match, new companies can’t just build new railroads, trucking goods is almost 4x as expensive as shipping by rail, and they throw off a fantastic amount of free cash flow. Unfortunately, it is a cyclical business and earnings can fluctuate quite a good amount, especially when…
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Jul 13
Big trains, big ships
On July 9, 2016, FECR celebrated with its partners the arrival of MOL Majesty, the first “neo-panamax” vessel to cross the expanded Panama Canal bound for PortMiami. The MOL Majesty is part of the G6 Alliance Transpacific PA2 service, originating in Asia. FECR re-established on-dock intermodal rail service at PortMiami, allowing import and export…
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