Welcome to our dedicated page for Csx news (Ticker: CSX), a resource for investors and traders seeking the latest updates and insights on Csx stock.
CSX Corporation (NASDAQ: CSX) is a Jacksonville, Florida-based transportation company that operates a Class I railroad network in the eastern United States. This news page focuses on company announcements and disclosures that shed light on CSX’s rail, intermodal and rail-to-truck transload services, as well as its role in connecting major metropolitan areas, ports and short-line railroads across the region.
Visitors to this page can review earnings announcements and operating updates, such as quarterly results where CSX reports operating income, net earnings, volumes and revenue trends, along with commentary from its leadership team. These releases often coincide with investor conference calls and webcasts, giving insight into how the company views its operating performance and freight markets across energy, industrial, construction, agricultural and consumer products segments.
The feed also captures corporate actions and leadership changes, including appointments of the President and Chief Executive Officer, Executive Vice President and Chief Financial Officer, and other senior executives. These items provide context on how CSX is organizing its management team to oversee its railroad network and commercial strategy.
In addition, CSX news includes capital allocation and financing updates, such as quarterly dividend declarations and references to debt offerings, as well as information on programs like the CSX Select Site initiative, which highlights development-ready industrial properties along the company’s rail lines. Community and partnership stories, including collaborations with nonprofit organizations, appear alongside these financial and operational updates.
For investors, analysts and others following the transportation and warehousing sector, this page offers a centralized view of CSX news, from financial results and dividends to leadership developments and network-related initiatives.
CSX Corporation has announced a 3-for-1 stock split approved by its Board of Directors, which will benefit shareholders by providing two additional shares for each share held on June 18, 2021. The new shares will be distributed on June 28, 2021. The quarterly cash dividend will remain unchanged at $0.28 per share, translating to approximately $0.093 post-split. CSX operates a broad transportation network across the eastern U.S. and has played a vital role in economic expansion for nearly 200 years.
CSX Corp. (NASDAQ: CSX) CEO James M. Foote will present at the Bernstein 37th Annual Strategic Decisions Conference on June 2, 2021, at 9:00 a.m. Eastern time. The event will be streamed live via webcast on CSX's investor relations website, with a replay available afterward. CSX is a leading transportation company, providing rail and intermodal services across various markets in the eastern U.S., connecting major metropolitan areas and over 230 short-line railroads. For more details, visit www.csx.com.
CSX Corp. will have its CFO, Kevin Boone, speak at the Wolfe Research Transportation and Industrials Conference on May 26, 2021, at 9:10 a.m. Eastern Time. The address will be available via live webcast and a replay will follow. CSX is a leading transportation firm based in Jacksonville, Florida, providing rail and intermodal services across various markets, including energy and construction. The company's extensive network plays a key role in the economic development of the eastern U.S.
CSX Corp. has announced a definitive agreement to acquire Quality Carriers, Inc., North America's largest provider of bulk liquid chemicals truck transportation. The transaction aims to create a unique multimodal chemicals transportation solution, enhancing both companies' operational reach. With around 2,500 drivers and over 100 terminals, Quality Carriers has been a leader in the industry since 1913. The deal is expected to close in Q3 2021, pending regulatory review. CSX's CEO stated that this acquisition reinforces their commitment to strategic growth and customer relationships.
On May 7, 2021, CSX Corp. announced a quarterly dividend of $0.28 per share on its common stock, payable on June 15, 2021. Shareholders on record by the close of business on May 31, 2021 will receive this dividend. CSX, a leading transportation company based in Jacksonville, Florida, provides rail and intermodal services across a wide range of markets, significantly contributing to economic growth. The company has a robust network connecting major metropolitan areas in the eastern U.S. and interacts with over 230 short-line railroads.
CSX Corp. (NASDAQ: CSX) reported first quarter 2021 net earnings of $706 million, or $0.93 per share, down from $770 million, or $1.00 per share a year ago. Revenue decreased 1% to $2.81 billion, impacted by declines in merchandise, coal, and fuel surcharge revenues. Operating income declined 7% to $1.10 billion. Despite challenges, CEO James M. Foote expressed optimism about economic momentum driving volume growth.
CSX Corp. has finalized the first phase of a $525-million rail agreement with the Commonwealth of Virginia as part of a broader initiative to enhance rail services and infrastructure. This phase involves a permanent land easement to separate freight and passenger rail operations in the Washington, DC to Petersburg corridor. CSX anticipates completing the remaining phases over the next two years, continuing its collaborative efforts to improve transportation efficiency and safety for commuters and freight customers.
CSX Corp. (NASDAQ: CSX) is set to announce its first quarter financial and operational results after the market closes on April 20, 2021. A conference call will follow at 4:30 p.m. ET, where management will discuss the results and take questions. Interested participants can join by dialing specific numbers or via webcast, with materials available on CSX's investor website. CSX is recognized for providing essential rail and intermodal services across various markets, contributing significantly to the economic infrastructure of the eastern U.S.
CSX Corp. CEO James M. Foote will speak at the J.P. Morgan Industrials Conference on March 16, 2021, at 9:40 a.m. Eastern time. The event will be accessible via a live webcast on the company's investor relations website.
CSX is a leading transportation company providing rail and intermodal services across various sectors including energy and agriculture. The company has a significant role in connecting major U.S. metropolitan areas, benefiting economic expansion.
CSX Corp. has announced an 8% increase in its quarterly dividend, raising it from $0.26 to $0.28 per share. This updated dividend will be payable on March 15, 2021, to shareholders recorded by the market close on February 26, 2021. CSX continues to provide vital transportation services, playing a critical role in the U.S. economy with its extensive rail network that connects major metropolitan areas and rural regions.
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