Csx Corp Stock Price, News & Analysis

Ancora Holdings Group, a growing shareholder of CSX (NASDAQ: CSX), has issued a critical letter to CSX's Board of Directors regarding the company's performance and strategic direction. The letter, initially sent privately on August 6, 2025, expresses serious concerns about CEO Joe Hinrichs' leadership and urges immediate action to explore merger opportunities.

Ancora, which manages over $10 billion in assets, criticizes CSX's operational deterioration, citing an increase in Operating Ratio from 58% to 67% under Hinrichs' tenure. The investor demands that CSX formally announce the retention of an investment bank to explore merger options, particularly with BNSF Railway Company and Canadian Pacific Kansas City Limited, in response to the recently announced Union Pacific-Norfolk Southern merger.

The letter threatens potential proxy contest if CSX fails to secure a merger, suggesting replacement of CEO Hinrichs with a qualified operator.

CSX (NASDAQ: CSX), a leading transportation company, announced that Executive Vice President and Chief Commercial Officer Kevin Boone will present at Deutsche Bank's 2025 Transportation Conference in New York. The presentation is scheduled for Tuesday, August 12th, at 9:00 a.m. Eastern time.

Investors and interested parties can access the live webcast through the company's investor relations website at http://investors.csx.com. A replay of the presentation will be made available after the event.

CSX Corp (NASDAQ: CSX) reported mixed second quarter 2025 results with notable declines in key metrics. The company posted operating income of $1.28 billion, down 11% from $1.45 billion in Q2 2024. Net earnings were $829 million, or $0.44 per share, compared to $963 million ($0.49/share) year-over-year.

Revenue decreased 3% to $3.57 billion, impacted by lower export coal prices, reduced fuel surcharge, and declining merchandise volume. Total volume remained flat at 1.58 million units compared to Q2 2024, while rising 4% sequentially. The operating margin contracted to 35.9%, down 320 basis points year-over-year but improved 550 basis points sequentially.

Canadian Pacific Kansas City (NYSE: CP) and CSX Corporation (NASDAQ: CSX) have launched the Southeast Mexico Express (SMX), a new east-west Class 1 rail corridor connecting Mexico, Texas, and the U.S. Southeast. The service, which began operations on December 1, 2024, offers improved transit times and greater capacity for automotive, intermodal, and carload customers.

The collaboration features direct connectivity between key markets, enhanced shipping efficiency, and environmental benefits by replacing up to 300 semi-trucks per train. Schneider National (NYSE: SNDR), a major logistics provider, has already implemented the service, reporting significant improvements in cross-border logistics efficiency.

CSX Corporation (NASDAQ: CSX) has announced its Board of Directors has approved a quarterly dividend of $0.13 per share on the company's common stock. The dividend will be paid on September 15, 2025, to shareholders who are on record as of the close of business on August 29, 2025.

CSX Corp. (NASDAQ: CSX) has scheduled its second quarter financial and operating results announcement for Wednesday, July 23, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. Eastern Time featuring management discussion of the results.

Investors can join via teleconference using the numbers 1-888-510-2008 (U.S.) or 1-646-960-0306 (international) with passcode 3368220. Presentation materials and webcast access will be available on the investor relations website, with a replay archived afterward.

CSX Corporation (NASDAQ: CSX) has achieved a significant milestone with the ratification of a five-year collective bargaining agreement by the Brotherhood of Locomotive Engineers and Trainmen (BLET), covering approximately 3,400 locomotive engineers. This marks the first ratification by a Class I freight railroad with BLET. The agreement maintains wage increases and health benefits consistent with CSX's agreements with 13 other unions. Currently, about 75% of CSX's unionized workforce is covered by new agreements from the past 10 months. Engineers represent 20% of CSX's frontline workforce. The company is still in negotiations with SMART-TD, representing trainmen/conductors, to consolidate territories and establish a single-system collective agreement.

The B&O Railroad Museum has announced a groundbreaking ceremony for its Campus Transformation Plan on May 14, 2025, preparing for the 200th anniversary of American railroading in 2027. The centerpiece of the $38 million project is the restoration of the historic South Car Works building (1869-1990), which will become the museum's new entrance. CSX CEO Joe Hinrichs will deliver a keynote address, and the event will feature the CSX 1827 heritage locomotive. The transformation includes the creation of Innovation Hall, an amphitheater with the CSX Bicentennial Garden, archival space for over 30 million documents, and smart educational classrooms. The project aims to revitalize Southwest Baltimore and has received support from multiple foundations, including the CSX Foundation, South Baltimore Gateway Partnership, and various other private and public entities.

CSX (NASDAQ: CSX) announced that Executive Vice President and Chief Commercial Officer Kevin Boone will present at the Wolfe Research 18th Annual Global Transportation & Industrials Conference in New York. The presentation is scheduled for Tuesday, May 20, at 8:35 a.m. Eastern time. Investors can access the live webcast through CSX's investor relations website, and a replay will be available after the event.