A coal train derailment north of Enfield, North Carolina, has been cleared, and Amtrak trains between the Northeast and Florida are getting back on schedule. CSX says 28 cars loaded with coal left the ...
PALM BEACH COUNTY, Fla. — Officials from the Florida Department of Transportation informed Palm Beach County commissioners that they will have details about the start date of the eight-day closure at ...
CSX Corp. is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger. The ...
The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
JACKSONVILLE, Fla. – CSX made some employment changes on Thursday and about 125 managers were laid off to support a company-wide realignment, a spokesperson said. The Jacksonville-based company ...
U.S. railroad traffic levels have been stagnant over the past 15 years because the Class I railroads were obsessed with profit margins while neglecting growth opportunities, CSX CEO Joe Hinrichs says.