Welcome to our dedicated page for Csx news (Ticker: CSX), a resource for investors and traders seeking the latest updates and insights on Csx stock.
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) will announce its second quarter financial results on July 20, 2022, post-market. A conference call with management will follow at 4:30 p.m. ET. Investors can join the call by dialing 1-888-510-2008 within the U.S., or 1-646-960-0306 from outside. It’s recommended to call in 10 minutes early and use the passcode 3368220. Webcast materials will be accessible on CSX's investor relations website. CSX is a leading transportation company, providing various rail and intermodal services across diverse markets.
CSX Corp. has completed the acquisition of Pan Am Railways, enhancing its operations in the growing Northeast rail market. CEO James M. Foote stated that this acquisition is part of CSX's strategy to provide efficient freight services and improve rail transportation in the region. Regulatory approval from the Surface Transportation Board was secured six weeks prior to the announcement. Terms of the transaction remain undisclosed, with Goldman Sachs serving as the financial advisor.
CSX Corp. (NASDAQ: CSX) will be addressing the Bernstein 38th Annual Strategic Decisions Conference on June 2nd at 2:30 PM Eastern Time. The presentation will be broadcast live via webcast at investors.csx.com, with a replay available afterwards. CSX, based in Jacksonville, Florida, offers rail and intermodal services across various markets, including energy and agriculture, playing a vital role in the U.S. economy. For further details, visit www.csx.com.
CSX Corp. (NASDAQ: CSX) will be represented by Executive Vice President of Sales & Marketing, Kevin Boone, at the 15th Annual Wolfe Research Global Transportation & Industrials Conference on May 24 at 11:30 am Eastern Time.
The presentation will be available through a live webcast and later as a replay on the company's investor relations website. CSX provides key transportation services across various markets, significantly supporting the U.S. economy for nearly 200 years.
CSX Corp. (NASDAQ: CSX) has declared a quarterly dividend of $0.10 per share on its common stock, with a payment date set for June 15, 2022. Shareholders on record as of May 31, 2022 will be eligible to receive this dividend. CSX, a leading transportation company based in Jacksonville, Florida, provides various rail and intermodal services across numerous markets, impacting major metropolitan areas in the eastern United States.
CSX Corp. (NASDAQ: CSX) will have Executive Vice President and CFO, Sean Pelkey, speaking at the 2022 Bank of America Securities 29th Annual Transportation, Airlines and Industrials Conference in Boston on May 17 at 8:00 a.m. Eastern time. The event will be webcast live, with a replay available afterward. CSX is a leading transportation company offering rail and intermodal services across various markets. Its extensive network supports economic growth and industrial development in the eastern U.S., connecting major cities and ports.
CSX Corp. reported first quarter 2022 net earnings of $859 million ($0.39 per share), up from $706 million ($0.31 per share) last year. Revenue increased by 21% year-over-year to $3.41 billion, driven by a 24% rise in revenue-per-unit, even as volume fell by 2%. Operating income rose to $1.28 billion, a 16% increase from the previous year, though the operating ratio worsened by 150 basis points to 62.4%. The company's CEO expressed confidence in future growth due to a supportive market environment.
