CSX railroad’s profit fell 27% in the first quarter as two major construction projects contributed to a decline in shipments.
April 16, 2025CSX Corp. News Updates
Railroad
CSX Net Income Decreases 27% in First Quarter
CSX Sees 8% Profit Growth Despite Southeast Storm Damage
The Florida-based railroad is recovering from hurricanes Helene and Milton that battered its network in the Southeast. Some trains had to be rerouted as tracks are cleared and repaired.
October 16, 2024CSX Profit Slips Amid Baltimore Bridge Collapse Response
CSX railroad’s second-quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports.
August 6, 2024CSX Plans Infrastructure Work at Maryland Yard
CUMBERLAND, Md. — Infrastructure improvements at CSX’s Cumberland yard will increase capacity and allow railcars that previously couldn’t move through the yard to do so, the company said.
June 17, 2024CSX Profit Drops 10% Despite 3% More Q1 Freight
CSX’s first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handled shifted toward less profitable items.
April 17, 2024CSX Reports Slight Revenue Knock for Q4
CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.
January 25, 2024STB Calls for Status Hearing on Gulf Coast Amtrak Project
The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.
January 22, 2024CSX Quarterly Profit Falls 24%, but Efficiency Improves
OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.
October 19, 2023CSX’s Q2 Profit Falls 15% Annually
OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.
July 21, 2023No Hazards Reported as Freight Train Derails in Pennsylvania
WHITEMARSH TOWNSHIP, Pa. — A freight train derailment in Pennsylvania early July 17 spurred precautionary evacuations, but officials said there was no known hazard to the public.
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