Hints and tips:
...CSX, one of the biggest freight railroad companies on the east coast, said customers should expect delays due to the bridge collapse, adding that all international intermodal shipments destined for Baltimore...
...American Airlines, AT&T and Philip Morris will join Union Pacific in reporting before the opening bell, while railroad rival CSX and Whirlpool will report after the market closes....
...They include employees of the largest carriers in North America, such as Union Pacific, CSX and BNSF, a business owned by Warren Buffett’s Berkshire Hathaway....
...It marks the latest effort to shake up a structure among the big railroads in the US and Canada that has been unchanged since CSX and Norfolk Southern — the two big operators in the eastern US — took over...
...Railroad group CSX announces earnings after the bell....
...Railroad operator CSX and Whirlpool come after the market closes....
...Amin was the mastermind of a 2007 proxy campaign waged by billionaire Christopher Hohn’s The Children’s Investment Fund and Jorge Paulo Lemann’s 3G Capital against railroad CSX....
...The last big deal occurred in 1999, when CSX and Norfolk Southern took over and divided Conrail between themselves....
...Asked by an analyst about the disruptions that have confronted railroad operator CSX in recent weeks, from Delta surges to hurricanes to supply chain dislocations, James Foote, its chief executive, replied...
...Both Canadian National and Canadian Pacific operate in the central and eastern US, as do CSX and Norfolk Southern, while Union Pacific and BNSF are present in the west....
...It is a change of direction for Canadian Pacific, rebuffed in two public courtships of rivals, first of CSX and then of Norfolk Southern. Both concentrated on the US north-east....
...Canadian Pacific tried to acquire eastern US railroads CSX and Norfolk Southern in recent years but both attempts were blocked partly over concerns that the deals would not win regulatory approval....
...One late summer afternoon in 2011, railroad turnround legend Hunter Harrison and Bill Ackman lunched at Manhattan’s Museum of Modern Art....
...such as CSX and Norfolk Southern....
...In the year to early July, US rail traffic has declined by 3.2 per cent compared with the same period last year, according to the Association of American Railroads....
...An S&P index of the four most valuable railroad stocks has risen 56 per cent since Harrison’s arrival at CSX, more than double the increase of the broader US stock market....
...The Dow Jones US Railroads Index, up 2.6 per cent on Thursday, was also trading at an all-time high....
...Disappointing results and an outlook cut from rail operator CSX prompted a more than 10 per cent decline in its shares and sent an index of the biggest US railroad stocks down by more than 7 per cent — their...
...North American rail volume in 2018 to date is up 3.4 per cent from last year, according to the Association of American Railroads....
...CSX reported earnings that chugged past market expectations in its second fiscal quarter as the freight railroad operator’s multiyear turnround efforts continue to bear fruit....
...CSX shares went full steam ahead, hitting a record high on Wednesday after the railroad operator’s cost cutting efforts helped it post upbeat quarterly results....
...CSX delivered record first-quarter earnings during the first three months of 2018, as the freight railroad operator’s turnround efforts did not seem to be deterred by the unexpected death of chief executive...
...Shares of US railroad operator CSX are eyeing their biggest one-day drop since 2011, after the company said that chief executive Hunter Harrison would be going on medical leave nine months into the job....
...“We are immensely grateful for the opportunity to have worked with the railroad legend,” Mr Foote said in a letter to employees of CSX, which has 34,000km of track, mostly east of the Mississippi river,...
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