CSX Corp is a leading transportation company that operates a substantial freight rail network in the eastern United States, offering services for a diverse range of industries. The company specializes in the movement of various commodities, such as coal, chemicals, intermodal containers, agricultural products, and automotive components, ensuring efficient transportation solutions that support both local and national economies. With a commitment to operational efficiency and sustainability, CSX leverages advanced technology and infrastructure to enhance the reliability of its services, making it a crucial player in the logistics and transportation sector. Read More
Shares of freight rail services provider CSX (NASDAQ:CSX)
jumped 4.7% in the afternoon session after the company announced a leadership change, naming Steve Angel as its new President and CEO to succeed Joe Hinrichs.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Angel assumed all three roles effective September 28 and will work closely with the board and management team to ensure a seamless transition of leadership
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
CSX has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 13.2% to $33.85 per share while the index has gained 15.7%.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
JACKSONVILLE, Fla., Sept. 18, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release third quarter financial and operating results after the market close on Thursday, October 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.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
JACKSONVILLE, Fla., Sept. 10, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, and Executive Vice President and Chief Financial Officer, Sean Pelkey, will address J.P. Morgan’s U.S. All Stars Conference in London on Wednesday, September 17, at 10 a.m. British Summer Time (5 a.m. EDT).
HOMEWOOD, Ill. and JACKSONVILLE, Fla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) and CSX (NASDAQ: CSX) today announced the signing of a Memorandum of Understanding (MOU) to develop a new intermodal service into Nashville, Tennessee.
JACKSONVILLE, Fla., Sept. 04, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, will address Morgan Stanley’s 13th Annual Laguna Conference in California on Thursday, September 11, at 8:30 a.m. Pacific time.
