7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Information
Secretary-Treasurer
Merchandise
Communications
FELA
Events
Links
User Info

CSX beats expectations with Q2 2021 freight surge

(Source: Transport Topics Online, July 22, 2021)

NEW YORK — Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations. Earlier this year, CSX reached a $525 million rail agreement with the Commonwealth of Virginia as part of a planned multibillion-dollar rail transportation initiative to upgrade service and infrastructure in the state. In the second quarter, the sale added $349 million in income to the railroad’s finances.

Full story: www.ttnews.com

Friday, July 23, 2021

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2021 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

CP deal to buy KCS could close by next fall; shareholders vote in December
“It’s been a battle:” CP on track to create first North American railway network in hard-fought deal
CP-KCS: The particulars
AAR reports rail traffic for week ending September 11, 2021
BNSF faces fines, other penalties for Washington oil train derailment
Downed wires bring major delays on Amtrak, NJ Transit lines
Train service halted as workers shore up California cliffs
RRB advises rail workers and retirees impacted by Hurricane Ida
Q&A: RRB deemed service month credits
Get the latest labor news from the Teamsters

More Headlines