Company Perspectives: CSX is a transportation company committed to being a leader in railroad, inland water, and containerized distribution networks. To attract the human and financial resources necessary to achieve this leadership position, CSX will support our three major constituencies: For our customers, we will work as a partner to provide excellent service by meeting…
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Companies in the Railroads industry operate railroad tracks and/or trains, as well as transport cargo and passengers. These corporations are generally established and stable, and offer lower-than-average dividend yields. Today, Stock-Callers.com reviews the following equities: CSX Corp. (NASDAQ: CSX), Union Pacific Corp. (NYSE: UNP), Westinghouse Air Brake Technologies Corp. (NYSE: WAB). Jacksonville, Florida-based CSX…
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CSX Corp. (CSX) has been receiving awards while delivering for investors. In regards to the former, CSX was just named to the Dow Jones Sustainability Index for North America for the sixth year in a row, and it received the Award of Excellence in Public Safety for its “CSX Rail Respond” mobile-commuting application. CSX was…
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One of the enduring ideas found in Dow Theory is that transportation companies can provide insight into the overall health of the US economy. As more goods are manufactured, more ore and coal mined, more corn farmed and cattle raised, the transport company’s business expands as they bring these goods to market. Even though we…
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CSX’s total railcars CSX Corporation (CSX) is a major operator in the Eastern US. CSX, along with Norfolk Southern (NSC), holds a virtual duopoly in that region. In the week ended April 9, 2016, CSX’s railcars, excluding coal and coke, declined by ~5%. CSX hauled ~55,000 units in the same week against 58,000 units in…
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Federal law enforcement investigators are searching in at least three states for more than 500 pounds of explosives stolen from a CSX train, CBS News has learned. CBS News Justice Department and Homeland Security correspondent Jeff Pegues reported a law enforcement source says the amount stolen has authorities concerned that the explosives could fall…
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