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CSX Corporation (CSX) delivers essential transportation services through its rail network and intermodal solutions. This page serves as a definitive source for corporate announcements, financial disclosures, and operational updates directly impacting stakeholders.
Access real-time information on quarterly earnings, infrastructure investments, and strategic partnerships that shape North American freight logistics. Our curated feed includes regulatory filings, leadership updates, and analysis of CSX's role in supply chain efficiency.
Discover developments in key initiatives like the CSX Select Sites program and evolving intermodal strategies. All content is rigorously verified, combining official press releases with contextual industry reporting.
Bookmark this resource for streamlined monitoring of CSX's market position, service expansions, and contributions to transportation infrastructure modernization.
CSX Corp. (NASDAQ: CSX) has declared a $0.10 per share quarterly dividend, set for payment on December 15, 2022. Shareholders of record by November 30, 2022 will be eligible for this dividend. This decision underscores the company's financial stability and commitment to returning value to shareholders.
CSX Corp. (NASDAQ: CSX) is set to release its third quarter financial results on October 20, 2022, after market close. A conference call and live webcast will follow at 4:30 PM ET, where management will discuss the results. Interested participants can join the call by dialing 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 company's investor relations website, enhancing transparency and stakeholder engagement.
CSX Corp. is partnering with Operation Lifesaver for the sixth annual Rail Safety Week from September 19-25. The initiative aims to educate the public on safe behavior around trains to reduce incidents. CSX will collaborate with various organizations to raise awareness through events and digital campaigns. Each day of the week will focus on specific safety themes, with CSX police engaging in educational activities. A new commemorative locomotive, CSXT 4568, has been unveiled to promote safety messages across its network.
CSX Corp. announced the appointment of Joseph R. Hinrichs as the new President and CEO, effective September 26, 2022. He succeeds James M. Foote, who will transition to an advisory role until March 31, 2023. With over 30 years of experience, Hinrichs previously led Ford Motor Company's global automotive operations, managing $160 billion in automotive revenue. The board believes his operational excellence and focus on safety will guide CSX in its growth and transformation strategy.
CSX Corp. (NASDAQ: CSX) CEO James M. Foote will present at the Cowen 15th Annual Global Transportation and Sustainable Mobility Conference on September 7 at 10 a.m. EST. The event will be streamed live on the company's investor relations website, with a replay available afterwards. CSX, based in Jacksonville, Florida, offers a range of transportation services, connecting major metropolitan areas in the eastern U.S. and facilitating economic growth through its extensive rail network.
CSX Corp. (NASDAQ: CSX) announced that executive vice president of sales & marketing, Kevin Boone, will speak at the Deutsche Bank 2022 Transportation Conference on August 17 at 9:00 a.m. EST. The event will be available via live webcast, and a replay will follow. CSX, headquartered in Jacksonville, Florida, is a leading transportation company providing rail and intermodal services across various markets. For nearly 200 years, CSX has significantly contributed to the economic growth of the eastern United States.
CSX Corp. reported second quarter 2022 earnings of $1,178 million, or $0.54 per share, an increase from $1,173 million and $0.52 per share year-over-year. Revenue rose 28% to $3.82 billion, driven by pricing gains and the addition of Quality Carriers. Operating income also increased to $1.70 billion. However, the operating ratio worsened to 55.4% due to higher fuel costs and the acquisition of Quality Carriers. The quarter included $18 million in acquisition expenses and a $122 million gain from property sales.
CSX Corp. (NASDAQ: CSX) has declared a quarterly dividend of $0.10 per share on its common stock. This dividend is set to be paid on September 15, 2022, to shareholders who are on record by August 31, 2022. Based in Jacksonville, Florida, CSX is a leading transportation company with a rich history of nearly 200 years, providing vital rail and intermodal services across various sectors.
