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 (NASDAQ: CSX), a leading transportation company, announced that Executive Vice President and Chief Commercial Officer Kevin Boone will present at Deutsche Bank's 2025 Transportation Conference in New York. The presentation is scheduled for Tuesday, August 12th, at 9:00 a.m. Eastern time.
Investors and interested parties can access the live webcast through the company's investor relations website at http://investors.csx.com. A replay of the presentation will be made available after the event.
CSX Corp (NASDAQ: CSX) reported mixed second quarter 2025 results with notable declines in key metrics. The company posted operating income of $1.28 billion, down 11% from $1.45 billion in Q2 2024. Net earnings were $829 million, or $0.44 per share, compared to $963 million ($0.49/share) year-over-year.
Revenue decreased 3% to $3.57 billion, impacted by lower export coal prices, reduced fuel surcharge, and declining merchandise volume. Total volume remained flat at 1.58 million units compared to Q2 2024, while rising 4% sequentially. The operating margin contracted to 35.9%, down 320 basis points year-over-year but improved 550 basis points sequentially.
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 (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.