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 (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.
CSX has successfully ratified new five-year collective bargaining agreements with two major railroad unions - the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers (IBB).
CEO Joe Hinrichs emphasized that these agreements demonstrate mutual trust and commitment to their workforce. The deals include comprehensive benefits packages covering improved wages, healthcare, and paid time off.
Key highlights:
- 13 labor unions have ratified agreements with CSX
- 16 different work groups are covered
- 54% of CSX's unionized workforce is now under new agreements
CSX continues negotiations with two remaining national rail unions representing Trainmen/Conductors and Locomotive Engineers, aiming to achieve similar agreements and enhance work environments.
CSX (NASDAQ: CSX) has announced the addition of 18 rail-served properties across 12 states to its Select Site program. The properties have received gold, silver, or bronze ratings based on comprehensive site evaluations. The company collaborated with over 29 communities to identify prime candidates for the program, which aims to connect expanding companies with rail-served properties.
The designated sites include three Gold Level locations in Massachusetts and Alabama, seven Silver Level sites across Florida, Georgia, Virginia, and Alabama, and ten Bronze Level properties spanning multiple states. Four existing Select Sites from 2024 have been upgraded to higher designations, demonstrating improved site readiness.
According to Kellen Riley, CSX Senior Director of Industrial Development, these Select Sites represent significant economic growth opportunities, with completed due diligence to facilitate faster manufacturer investment and job creation in local communities.
CSX Corp. (NASDAQ: CSX) reported declining financial results for Q1 2025, with operating income falling to $1.04 billion from $1.34 billion year-over-year. Net income decreased to $646 million ($0.34 per diluted share) from $880 million ($0.45 per diluted share) in Q1 2024.
Total volume declined 1% to 1.52 million units, while revenue dropped 7% to $3.42 billion. The revenue decrease was attributed to lower coal revenue, reduced fuel surcharge, and decreased merchandise volume, partially offset by higher merchandise pricing and intermodal volume growth.
CEO Joe Hinrichs acknowledged operational challenges and network constraints from two major infrastructure projects, stating the company is implementing targeted actions to improve performance amid uncertain market conditions.
CSX (NASDAQ: CSX) has awarded its 31st Annual Chemical Safety Excellence Award to 62 customers for their outstanding performance in safely transporting hazardous materials during 2024. The recipients collectively shipped 164,438 carloads without any non-accidental releases of regulated substances.
To qualify for this recognition, customers must transport a minimum of 600 carloads of hazardous materials annually with zero safety incidents. Citgo Petroleum and Westlake received special recognition for achieving five consecutive years of accident-free shipments.
According to Kevin Boone, executive vice president and chief commercial officer, this achievement highlights the company's commitment to safety and strong partnerships in reducing risks. The award demonstrates rail transportation's position as the safest land-based method for transporting hazardous chemicals, while emphasizing CSX's dedication to protecting employees, communities, and the environment.
CSX (NASDAQ: CSX) has reached a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers (IBB). The agreement, pending ratification by 59 IBB members at CSX, includes improvements in wages, healthcare, and paid time off benefits.
This marks CSX's 11th successful labor union agreement, covering 14 different work groups and representing 47% of its unionized workforce. CEO Joe Hinrichs emphasized the company's commitment to employee empowerment, safety, respect, and excellence as part of their ONE CSX initiative to enhance customer service.