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 reports developments for a Class I rail transportation business serving markets across the eastern United States. Company updates center on rail, intermodal and rail-to-truck transload services for energy, industrial, construction, agricultural and consumer-products customers, with network connections to major metropolitan areas, short-line railroads and ocean, river and lake ports.
Recurring CSX news includes quarterly operating results, freight volume and revenue drivers across merchandise, intermodal, coal and other cargo categories, service and corridor initiatives such as the Southeast Mexico Express, industrial-development activity through the CSX Select Site program, dividends, executive presentations and governance changes.
CSX Corp. announced the retirement of Ed Harris, executive vice president, effective August 1, 2020. CEO Jim Foote expressed gratitude for Harris's significant contributions during a transformative period for the company. Harris reflected on his rewarding experience at CSX, where he contributed to successful transformations. Post-retirement, the Safety and Facilities groups he managed will transition to Jamie Boychuk, the current executive vice president of Operations. CSX remains a key player in the eastern U.S. transportation sector, providing essential rail and intermodal services across various markets.
CSX's Pride in Service initiative has received the 2020 Gold Halo Award from Engage for Good, recognizing its commitment to military and first responder support. Launched in 2018, the initiative has engaged employees across 23 states, contributing nearly 5,000 volunteer hours and reaching 85,000 individuals. Despite COVID-19, CSX adapted with virtual volunteering and donations to frontline workers. This accolade reflects CSX's dedication to social impact and employee engagement, demonstrating effective collaboration for meaningful returns.
CSX Corp. (NASDAQ: CSX) announced that Executive Vice President Sales & Marketing Mark Wallace will present at the 2020 Wolfe Research Global Transportation & Industrials Conference on May 20 at 8:30 a.m. Eastern time. The presentation will be available via live webcast and can be replayed later. CSX is a leading transportation firm offering rail and intermodal services across various markets, playing a vital role in the economic growth of the eastern U.S. Its extensive network connects major cities, short-line railroads, and numerous ports.
The board of directors of CSX Corp. has announced a quarterly dividend of $0.26 per share, payable on June 15, 2020, to shareholders of record as of May 29, 2020. This decision reflects the company's ongoing commitment to return value to shareholders. CSX operates a robust transportation network, connecting major metropolitan areas in the eastern U.S. and facilitating the movement of goods across various sectors, including energy and agriculture. More details can be found on the company's investor relations website.