Moody's Ratings (Moody's) has completed a periodic review of the ratings of CSX Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 9 May 2025 in which we reassessed the appropriateness of the ratings in the context of the ...
CSX Executive Vice President and Chief Commercial Officer to Address Wolfe Research Global Transportation & Industrials Conference JACKSONVILLE, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Wolfe Research 18th Annual Global Transportation & Industrials Conference in New York on Tuesday, May 20, at 8:35 a.m. Eastern time. This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as well as additional financi...
CSX Announces Tentative Labor Agreement with Locomotive Engineers JACKSONVILLE, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) on a new five-year single-system agreement covering approximately 3,400 locomotive engineers. This is the first agreement reached by a Class I freight railroad with BLET, and it continues CSX’s industry-leading transformational approach to collective bargaining in the rail industry. “I want to thank the leaders at BLET, espe...
CSX Corporation Declares Quarterly Dividend JACKSONVILLE, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.13 per share quarterly dividend on the Company’s common stock. The dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 30, 2025. About CSX and its Disclosures CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of mark...
CSX Executive Vice President and Chief Financial Officer to Address Bank of America Industrials, Transportation & Airlines Key Leaders Conference JACKSONVILLE, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Bank of America Industrials, Transportation & Airlines Key Leaders Conference in New York on Tuesday, May 13, at 8 a.m. Eastern time. This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as well as ...
CSX Announces Ratification of Labor Deal with Signalmen and Boilermakers JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB). “Ratifying these agreements reflects the trust we’ve built with union leadership and our shared commitment to the people who keep our company running,” said Joe Hinrichs, President and CEO...
CSX Adds 18 Rail Served Properties Across 12 States to Select Site Program JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 29 communities to gather information and identify top candidates for the Select Site program, which connects expanding compani...
CSX Corp. Announces First Quarter 2025 Results JACKSONVILLE, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2025 operating income of $1.04 billion compared to $1.34 billion in the prior year period. Net income was $646 million, or $0.34 per diluted share, compared to $880 million, or $0.45 per diluted share, in the same period last year. 1 Total volume of 1.52 million units for the quarter was 1% lower compared to first quarter 2024. Revenue totaled $3.42 billion for the quarter, decreasing 7% year-over-year, as declines in coal revenue, ...
CSX Honors 62 Customers with Annual Chemical Safety Excellence Award JACKSONVILLE, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) has recognized 62 customers with its 31st Annual Chemical Safety Excellence Award for their dedication to safely transporting hazardous materials across the company’s rail network in 2024. For more than three decades, the award has honored chemical customers who prioritize safety in every shipment, reflecting their commitment to protecting CSX employees, the surrounding communities, and the environment. It also underscores rail as the...
CSX Announces Tentative Labor Agreement with Boilermakers JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has secured a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers & Helpers (IBB). “The agreement with IBB reinforces CSX's ongoing commitment to valuing and empowering employees,” said Joe Hinrichs, President and CEO of CSX. “It reaffirms our team’s shared promise to prioritize safety, respect, and excellence as ONE CSX as w...
CSX Reaches Tentative Labor Agreement with Signalmen JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has secured new five-year tentative collective bargaining agreement with the Brotherhood of Railroad Signalmen (BRS). “The agreement with the BRS continues to demonstrate our strong partnership with union leadership,” said Joe Hinrichs, President and CEO of CSX. “It reflects our shared commitment to safety, respect, and operational excellence as we move forward together as ONE CSX, ensuring greater efficiency and service for our cust...
CSX Corp. Announces Date for First Quarter Earnings Release and Earnings Call JACKSONVILLE, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 16, 2025. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time. Those interested in participating via teleconference may dial 1-888-510-2008. Callers outside the U.S. may dial 1-646-960-0306. Participants should dial in 10 minutes prior to the call and use 33682...
CSX Chief Financial Officer to Address JP Morgan Industrials Conference JACKSONVILLE, Fla., March 05, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 2025 JP Morgan Industrials Conference in New York on Tuesday, March 11, at 7:30 a.m. Eastern time. This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as well as additional financial information, is available on the company’s website at . About CSX CSX, based in Jackso...
CSX announces Ratification of Labor Deal with IAM JACKSONVILLE, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by The International Association of Machinists & Aerospace Workers (IAM) have voted to ratify the five-year collective bargaining agreement.“IAM’s ratification is a testament to the strength of our partnership with union leadership,” said Joe Hinrichs, President and CEO of CSX. “This underscores our commitment to fostering a workplace where every employee feels valued and respected. Together, as ONE CSX, we will c...
CSX Corporation Announces Increase to Quarterly Dividend JACKSONVILLE, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved an eight percent increase in its quarterly dividend, from $0.12 to $0.13 per share. The new $0.13 quarterly dividend is payable on March 14, 2025, to shareholders of record at the close of business on February 28, 2025. About CSX and its Disclosures CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutio...
CSX Chief Executive Officer and Chief Financial Officer to Address Barclays Industrial Select Conference JACKSONVILLE, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Executive Officer, Joe Hinrichs, and Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 42nd Annual Barclays Industrial Select Conference in Miami Beach on Wednesday, February 19, at 8:40 a.m. ET. This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as wel...
Ann Begeman Appointed to CSX Board of Directors 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. “Ann brings a wealth of industry expertise and knowledge to our team where she will play a vital role in our commitment to deliver service excellence and business growth,” said Joe Hinrichs, president and chief executive officer of CSX. “We are delighted to have her join our Board as CSX continues to transform and strengthen our company while generating profitable grow...
CSX Corp. Announces Fourth Quarter and Full Year 2024 Results JACKSONVILLE, Fla., Jan. 23, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882 million, or $0.45 per diluted share, in the same period last year. Results for the fourth quarter include a pre-tax, non-cash goodwill impairment charge of $108 million. Total volume of 1.58 million units for the quarter was 1% higher compared to fourth quart...
CSX Announces Ratification of Labor Deal with BMWED JACKSONVILLE, Fla. , Jan. 10, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) have voted to ratify the five-year collective bargaining agreement. “The ratification by the BMWED marks an important advancement in our ongoing collaboration with union leadership,” said Joe Hinrichs, President and CEO of CSX. “CSX remains dedicated to cultivating a workplace environment where every...
CSX Corporation Announces Date for Fourth Quarter Earnings Release and Earnings Call JACKSONVILLE, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release fourth quarter financial and operating results after the market close on Thursday, January 23, 2025. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time. Those interested in participating via teleconference may dial 1-888-510-2008. Callers outside the U.S. may dial 1-646-960-0306. Participants should dial in 10 minutes prior to the call and u...
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