Rail News Home CSX Transportation 4/16/2021 Rail News: CSX Transportation
"This transaction highlights our ability to find creative ways to generate meaningful value from our assets while enhancing the safety and efficiency of passenger and freight rail service in a vital transportation corridor," said CSX President and Chief Executive Officer James Foote.Photo – csx.com
Railroad News
Apr
19
Apr
19
Kansas City Southern last week reported first-quarter 2021 revenue of $706 million, down 4% from the same period a year ago.
Overall, carload volumes were down 1% compared with volumes in Q1 2020, KCS officials said in a press release.
Apr
16
CSX Corp. announced yesterday it has closed the first phase of a comprehensive $525 million rail agreement with the commonwealth of Virginia.
The transaction is part of Virginia’s previously announced multibillion dollar rail-transportation initiative to improve service and infrastructure in the state.