CSX has reached multiple labor agreements, striking a
five-year deal with Signalmen and Boilermakers unions. CSX also modernized its Jacksonville HQ sign, reflecting their continuous commitment to technological updates and efficiency. The company is driving freight efficiency with their SD-70 Locomotive Rebuild Program. Market trends suggest CSX is positioned for growth, however some believe it is underperforming against the Dow and Nasdaq. Amid this, The
Susquehanna analysts maintain a positive rating on CSX, albeit with an adjusted price target from $39 to $37. Notably, CSX unveiled the ONE CSX Locomotive, embodying the company’s culture and celebrating the contributions of its employees. A significant 8% payout boost in dividend was delivered, leading to shareholder satisfaction. The company is set to disclose Q4 2024 results and Q1 2025 earnings are on the calendar already. However, CSX Q4 earnings saw a decrease, operating income fell by 16%. As part of its philanthropic efforts, CSX donated laptops to support STEM Education at Twin Lakes Academy. Lastly,
Ann Begeman has been appointed to CSX's board.
Csx Corporation CSX News Analytics from Wed, 12 Jun 2024 07:00:00 GMT to Fri, 28 Mar 2025 15:30:00 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -4
