CSX Stock News

JACKSONVILLE, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- AMPORTS, a premier provider of port logistics for over 60 years, today announced its partnership with CSX, one of North America's largest intermodal rail service providers. AMPORTS will support CSX's container transport operations at its Atlantic Terminal in Baltimore, Maryland, providing expert port logistics to ensure the seamless movement...

Higher prices will reduce demand for goods and cool the economy, which in turn impacts the transportation sector.

CSX Corporation faces temporary revenue and margin headwinds in FY25 due to lower coal volumes and fuel surcharges but expects growth acceleration in 2026. The Howard Street Tunnel project and reshoring trends are set to boost volumes and efficiency, enhancing long-term growth prospects. Trading at a discount, CSX stock is a compelling buy for medium-term investors, with expected valuation re-r...

CSX (NYSE: CSX) recently reported its Q4 results, with revenues missing and earnings meeting the street estimates. The company reported revenue of $3.54 billion and adjusted earnings of $0.42 per share, compared to the consensus estimates of $3.57 billion and $0.42, respectively.

JACKSONVILLE, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that Ann Begeman has been appointed to the company's board of directors.

I am downgrading CSX from buy to hold due to near-term earnings weakness despite operational improvements and long-term growth potential. CSX's 4Q24 results showed a 4% revenue decline, primarily from coal revenue drops and lower fuel surcharges, but intermodal volume grew 4%. Positive long-term prospects include intermodal expansion and industrial development, but near-term headwinds like risi...

CSX Corporation's stock has remained range-bound between $30-$36, making it suitable for trading strategies like covered calls and put selling. Despite revenue declines due to natural disasters and lower coal prices, CSX managed to control expenses, improving its operating ratio to 65.7%. For 2025, we expect CSX to remain range-bound but see the potential for a breakout if coal prices rebound a...

CSX Corporation (NASDAQ:CSX ) Q4 2024 Earnings Conference Call January 23, 2025 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations and Strategy Joseph Hinrichs - President and Chief Executive Officer Mike Cory - Executive Vice President and Chief Operating Officer Kevin Boone - Executive Vice President and Chief Commercial Officer Sean Pelkey - Executive Vice President an...