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CSX's first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as shipments it handled shifted to a less-profitable mix. The Jacksonville, Florida-based railroad said ...
At first glance, the dividend yield of CSX (NYSE:CSX) is miserable at just 1.24%. However, when you consider the capital appreciation that has come along with the dividend income paid out over the ...
In this article we will take a look at whether hedge funds think CSX Corporation (NYSE:CSX) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving ...
CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.
In the latest trading session, CSX (CSX) closed at $65.91, marking a -1.36% move from the previous day.
CSX began operating its trains on its portion of the Conrail network on June 1, 1999. CSX now serves much of the Eastern United States, with a few routes into nearby Canadian cities. The two competitors were unwilling to give one company full control of busy industrial areas in Detroit, Philadelphia, and northern New Jersey (the Chemical Coast).
CSX Transportation owns and operates a vast network of rail lines in the United States east of the Mississippi River.In addition to the major systems which merged to form CSX – the Baltimore and Ohio Railroad, Chesapeake and Ohio Railway, Louisville and Nashville Railroad, Atlantic Coast Line Railroad and Seaboard Air Line Railroad – it also owns major lines in the Northeastern United ...
CSX's revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. The revenue was just below the $3.73 billion that analysts predicted.