Construction on the Howard Street Tunnel has begun. It marks the first time the tunnel, which opened in the late 1800s, has been closed.
CSX, he noted, “lost two bridges and sustained 44 miles of track damage between Erwin, Tenn., and Spruce Pine, N.C.,” which is some 40 miles northeast of Asheville ... Midwest,” the Class I railroad ...
CSX's intermodal volume is facing near-term headwinds ... and rate setting based on market demand. In 1980, more than 40 Class I rails operated across North America, and today there are only ...
CSX, however, grew its volume every quarter for the first time in 10 years, Hinrichs said. The earnings report for Q4 of 2024 highlighted that intermodal cargo is driving its volume growth.
Addressing 2024’s challenges, Hinrichs noted that the Key Bridge collapse, in addition to closing intermodal terminals for seven weeks, also shut down the East Coast’s second-largest export coal ...
Allspring Global Investments Holdings LLC lessened its stake in CSX Co. (NASDAQ:CSX – Free Report) by 6.2% during the fourth ...
Analyst Fadi Chamoun reiterated an Outperform rating while reducing the price target from $40 to $38. CSX reported fourth ... segment and stable pricing in intermodal," Chamoun said in a note.