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CSX

Trains.com Staff Monday, January 27, 2025

CSX, NS tab Begeman, Ryerkerk as new board members

CSX on Monday named former Surface Transportation Board Chair Ann Begeman to its board of directors. Separately, Norfolk Southern (NYSE: NSC) appointed former Celanese Chief Executive Lori J. Ryerkerk to its board, a move made after a search process that was a part of an agreement with activist investor Ancora Holdings. “Ann brings a wealth […]

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Stuart Chirls Thursday, January 23, 2025

First look: CSX profit falls in Q4

CSX Corp. today reported fourth-quarter 2024 operating income of $1.11 billion that fell compared to $1.32 billion in the prior year period.  Revenue totaled $3.54 billion for the quarter, off 4% year over year as declines in fuel surcharge and coal revenue offset higher pricing, merchandise volume and volume growth in intermodal. Net income was […]

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Trains.com Staff Thursday, January 23, 2025

U.S. weekly rail volume shows big jump

U.S. rail traffic showed a massive jump for the week ending Jan. 18, 2025, with both carload and intermodal traffic up more than 25% from the same week a year earlier. Statistics from the Association of American Railroads show overall traffic for the week was 500,160 carloads and intermodal units, a 25.9% increase. That included […]

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Trains.com Staff Thursday, January 9, 2025

US rail traffic up slightly to start 2025

Weekly U.S. rail traffic showed a slight uptick over 2024 in the first report from the Association of American Railroads for 2025. Overall volume for the week ending Jan. 4 was 421,410 carloads and intermodal units, a 1% increase over the first week a year ago. That included 198,500 carloads, down 4.6%, and 222,910 containers […]

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Trains.com Staff Wednesday, October 23, 2024

CSX announces tentative deals with 2 unions, ratification of agreement by yardmasters

CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.

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