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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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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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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Join the IAM and dozens of other labor unions in participating in the 2016 “Tribute to Labor” race day at the Chicagoland Speedway in Joliet, IL on September 18, 2016. The one-day event, held each year in honor of labor unions, will be a part of the kick-off race in the Chase for the…
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You can now purchase your favorite IAM apparel online with the launch of MachinistsGear.com. With 145 total products available, there is something to suit everyone’s style and taste. “It has been a long time coming and it’s finally here. At your request the IAM online store is now open for you to purchase your…
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U.S. Department of Labor Office of Labor-Management Standards Washington, DC 20210 FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT Form Approved Office of Management and Budget No. 1245-0003Expires: 08-31-2016 MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR MORE IN TOTAL ANNUAL RECEIPTS AND LABOR ORGANIZATIONS IN TRUSTEESHIP This report is manadatory under P.L….
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