CSX Inks Landmark Labor Deal With Locomotive Engineers
CSX seals a landmark labor deal with BLET, advancing workforce stability as it nears full union agreement coverage.
CSX Corporation: Valuation Lags Fundamentals
CSX's transformation into a flexible logistics ecosystem and operational improvements position it for long-term resilience despite current headwinds. Q1 2025 results were weak, with falling revenue and margins, but management maintains guidance for volume growth and margin recovery in the second half. My DCF and multiples-based valuation models indicate CSX is undervalued by 10-12%, offering moderate upside if macro conditions stabilize.
CSX Announces Ratification of Labor Deal with Locomotive Engineers
JACKSONVILLE, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by the Brotherhood of Locomotive Engineers and Trainmen (BLET) have voted to ratify the five-year collective bargaining agreement covering approximately 3,400 locomotive engineers. This is the first ratification reached by a Class I freight railroad with BLET.
Here's Why You Should Give CSX Corporation Stock a Miss Now
The combination of weak coal market, rail network issues and high capex casts a shadow over CSX's investment prospects.
CSX Corporation (CSX) Presents at Wolfe Research 18th Annual Global Transportation & Industrials Conference (Transcript)
CSX Corporation (NASDAQ:CSX ) Wolfe Research 18th Annual Global Transportation & Industrials Conference May 20, 2025 8:35 AM ET Company Participants Kevin Boone - Executive Vice President, Chief Commercial Officer Matthew Korn - Head of Investor Relations Conference Call Participants Scott Group - Wolfe Research Scott Group Let me know when we're good. Okay, fantastic.
Why Is CSX (CSX) Up 13.1% Since Last Earnings Report?
CSX (CSX) reported earnings 30 days ago. What's next for the stock?
CSX Executive Vice President and Chief Commercial Officer to Address Wolfe Research Global Transportation & Industrials Conference
JACKSONVILLE, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Wolfe Research 18th Annual Global Transportation & Industrials Conference in New York on Tuesday, May 20, at 8:35 a.m. Eastern time.
CSX reaches tentative 5-year deal with BLET covering 3,400 workers
Railroad operator CSX said on Friday it has signed a tentative agreement for a new five-year contract with the Brotherhood of Locomotive Engineers and Trainmen (BLET).
CSX Corporation Declares Quarterly Dividend
JACKSONVILLE, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company's Board of Directors approved a $0.13 per share quarterly dividend on the Company's common stock. The dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 30, 2025.
CSX: A Strong Player In A Changing Freight Market
CSX Corporation, a key player in U.S. railroads, excels in logistics, focusing on efficiency, profitability, and reducing emissions under new CEO Joe Hinrichs. Despite revenue stagnation, CSX maintains high profitability through Precision Scheduled Railroading, cost optimization, and strategic investments in intermodal transport and infrastructure modernization. The company's shares are undervalued, trading at discounts compared to historical and peer averages, presenting a buying opportunity with a potential 16.31% price increase.
CSX Executive Vice President and Chief Financial Officer to Address Bank of America Industrials, Transportation & Airlines Key Leaders Conference
JACKSONVILLE, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Bank of America Industrials, Transportation & Airlines Key Leaders Conference in New York on Tuesday, May 13, at 8 a.m. Eastern time.
CSX Announces Ratification of Labor Deal with Signalmen and Boilermakers
JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB).
