Csx Corp Stock Price, News & Analysis

Canadian Pacific Kansas City (NYSE: CP) and CSX Corporation (NASDAQ: CSX) have launched the Southeast Mexico Express (SMX), a new east-west Class 1 rail corridor connecting Mexico, Texas, and the U.S. Southeast. The service, which began operations on December 1, 2024, offers improved transit times and greater capacity for automotive, intermodal, and carload customers.

The collaboration features direct connectivity between key markets, enhanced shipping efficiency, and environmental benefits by replacing up to 300 semi-trucks per train. Schneider National (NYSE: SNDR), a major logistics provider, has already implemented the service, reporting significant improvements in cross-border logistics efficiency.

CSX Corporation (NASDAQ: CSX) has announced its Board of Directors has approved a quarterly dividend of $0.13 per share on the company's common stock. The dividend will be paid on September 15, 2025, to shareholders who are on record as of the close of business on August 29, 2025.

CSX Corp. (NASDAQ: CSX) has scheduled its second quarter financial and operating results announcement for Wednesday, July 23, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. Eastern Time featuring management discussion of the results.

Investors can join via teleconference using the numbers 1-888-510-2008 (U.S.) or 1-646-960-0306 (international) with passcode 3368220. Presentation materials and webcast access will be available on the investor relations website, with a replay archived afterward.

CSX Corporation (NASDAQ: CSX) has achieved a significant milestone with the ratification of a five-year collective bargaining agreement by the Brotherhood of Locomotive Engineers and Trainmen (BLET), covering approximately 3,400 locomotive engineers. This marks the first ratification by a Class I freight railroad with BLET. The agreement maintains wage increases and health benefits consistent with CSX's agreements with 13 other unions. Currently, about 75% of CSX's unionized workforce is covered by new agreements from the past 10 months. Engineers represent 20% of CSX's frontline workforce. The company is still in negotiations with SMART-TD, representing trainmen/conductors, to consolidate territories and establish a single-system collective agreement.

The B&O Railroad Museum has announced a groundbreaking ceremony for its Campus Transformation Plan on May 14, 2025, preparing for the 200th anniversary of American railroading in 2027. The centerpiece of the $38 million project is the restoration of the historic South Car Works building (1869-1990), which will become the museum's new entrance. CSX CEO Joe Hinrichs will deliver a keynote address, and the event will feature the CSX 1827 heritage locomotive. The transformation includes the creation of Innovation Hall, an amphitheater with the CSX Bicentennial Garden, archival space for over 30 million documents, and smart educational classrooms. The project aims to revitalize Southwest Baltimore and has received support from multiple foundations, including the CSX Foundation, South Baltimore Gateway Partnership, and various other private and public entities.

CSX (NASDAQ: CSX) announced that Executive Vice President and Chief Commercial Officer Kevin Boone will present at the Wolfe Research 18th Annual Global Transportation & Industrials Conference in New York. The presentation is scheduled for Tuesday, May 20, at 8:35 a.m. Eastern time. Investors can access the live webcast through CSX's investor relations website, and a replay will be available after the event.

CSX Corporation (NASDAQ: CSX) has reached a tentative five-year agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET), covering approximately 3,400 locomotive engineers. This marks the first agreement between a Class I freight railroad and BLET, representing about 20% of CSX's frontline workforce.

The agreement includes competitive pay, improved healthcare benefits, and work rule changes for more predictable assignments. It aligns with the wage increases and health benefits from CSX's agreements with 13 other unions. If ratified, nearly 75% of CSX's unionized workers will be covered by new agreements made in the last nine months. Currently, CSX has ratified agreements covering 54% of its unionized workforce, with only trainmen/conductors represented by SMART-TD remaining as the major workgroup without a new agreement.

CSX Corporation (NASDAQ: CSX) has announced a quarterly dividend payment of $0.13 per share on its common stock. The dividend will be paid on June 13, 2025, to shareholders who are recorded as stockholders as of the close of business on May 30, 2025. This dividend declaration demonstrates CSX's commitment to returning value to shareholders through regular dividend payments.

CSX Corp. (NASDAQ: CSX) announced that Executive Vice President and CFO Sean Pelkey will be speaking at the Bank of America Industrials, Transportation & Airlines Key Leaders Conference in New York. The presentation is scheduled for Tuesday, May 13, at 8 a.m. Eastern time. Investors and interested parties can access a live webcast of the presentation through the company's investor relations website at http://investors.csx.com. A replay of the presentation will be made available after the event concludes.