CSX delivered record fourth-quarter revenue, operating ..... by 8-10 percentage points, and consider CSX in the “improved, yet still improving” bucket ..... intermodal is the long runway for volume growth at CSX and elsewhere. Freight already moving on trucks
CHICAGO, Jan 13 (Reuters) - CSX Corp , the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.
Michael Ward (I think I got his name correctly) the CEO of CSX was on CNBC after the bell on earnings release. The first question asked him was how much of decline in crude by rail had CSX seen. He said none, nor were thet expecting any. He also mentioned
CHICAGO, Jan 13 (Reuters) - CSX Corp , the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with Wall Street expectations, driven by growth in several freight classes including intermodal and coal.
part to the dominant market share position of the Class I rails (Burlington Northern, Union Pacific, Norfolk Southern and CSX ), the capital-intensive nature of the industry (capital requirements often exceed 20% of sales) and limited transportation
cuts, trucking would take share rather than lose it. We wrote Monday about CP's indication of the end of merger talks with CSX at this time, but we don't think this is the final word on railroad mergers. Harrison plans to take his message on the benefits
indicated on Oct. 20 that it has terminated talks with CSX concerning a merger at this time, but also confirmed ..... on Oct. 12 that CP had discussed a merger with CSX , which rebuffed the offer. On the CSX earnings call on Oct. 15, CEO Michael Ward opined
stocks and SP500 jumped to 70% from 18% in September. The stocks sold for no good reason include GILD, PRU, WLP, NSC, UNP, CSX [rejected overtures from CP ]. Pg 16-17 : Global African Summit begins on Monday. Asia-Pacific finance ministers meet
Unsurprisingly, CSX offered no commentary on the possibility of a merger ..... the rumored bid in our note “ A Canadian Pacific- CSX Merger Makes Sense, but Valuation Impact Unknown .” CSX generated record third-quarter revenue, EBIT, and
estimates and moat ratings for Canadian Pacific and CSX following media reports that CSX has rebuffed an acquisition offer from CP. For an ..... approval will probably take at least a year. Second, CSX 's valuation remains attractive because of near