CSX dividend history
CSX Corporation (CSX) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., May 12, 2026 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.14 per share quarterly dividend on the Company's common stock. The dividend is payable June 15, 2026, to shareholders of record at the close of business May 29, 2026. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic ex
- CSX Corporation Announces Increase to Quarterly DividendJACKSONVILLE, Fla., Feb. 26, 2026 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced today that the Company's Board of Directors approved a $0.14 per share quarterly dividend on the Company's common stock, payable on March 13, 2026, to shareholders of record at the close of business on February 27, 2026. This reflects an eight percent increase over the previous dividend payment of $0.13 per share. 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 markets, including energy, industrial, construction, agricultural, and c
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., Oct. 08, 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 December 15, 2025, to shareholders of record at the close of business on November 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 solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nati
- CN and CSX Collaborate to Launch New Intermodal Rail Service into NashvilleHOMEWOOD, 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. This service will provide customers with a seamless, all-rail alternative for international containers moving from Canada's West Coast gateways through Memphis directly into Nashville. By replacing the current trucking leg with a steel-wheel interchange, CN and CSX will be able to deliver faster, more reliable, and more sustainable supply chain solutions for customers. "This agreement allows us to expand our reach, enabling our custom
- CPKC, CSX create faster freight solutions with Southeast Mexico ExpressDirect Class I connection brings new competition, links U.S Southeast to Texas and Mexico markets CALGARY, AB, July 21, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) and CSX Corporation (NASDAQ:CSX) (CSX) have created a new rail transportation routing option for customers across the southern U.S. with the Southeast Mexico Express (SMX), the new east-west Class 1 corridor that connects shippers in Mexico, Texas and U.S. southeast. Officially launched on Dec. 1, 2024, the SMX is already providing automotive, intermodal and carload customers with faster transit times, greater capacity, and environmentally sustainable rail solutions. "The Southeast Mexico Express ha
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., July 16, 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 September 15, 2025, to shareholders of record at the close of business on August 29, 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the natio
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the na
- CSX Corporation Announces Increase to Quarterly DividendJACKSONVILLE, 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 solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has p
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.12 per share quarterly dividend on the Company's common stock. The dividend is payable on December 13, 2024, to shareholders of record at the close of business on November 29, 2024. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nati
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., July 10, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.12 per share quarterly dividend on the Company's common stock. The dividend is payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the n
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.12 per share quarterly dividend on the Company's common stock. The dividend is payable on June 14, 2024, to shareholders of record at the close of business on May 31, 2024. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nati
- CSX Corporation Announces Increase to Quarterly DividendJACKSONVILLE, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a nine percent increase in its quarterly dividend, from $0.11 to $0.12 per share. The new $0.12 quarterly dividend is payable on March 15, 2024, to shareholders of record at the close of business on February 29, 2024. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has p
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.11 per share quarterly dividend on the Company's common stock. The dividend is payable on December 15, 2023, to shareholders of record at the close of business on November 30, 2023. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nati
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., July 12, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.11 per share quarterly dividend on the Company's common stock. The dividend is payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical r
- Railroads reach agreement to create new direct connection and corridor linking Mexico, Texas and the U.S. SoutheastCALGARY, Alberta and JACKSONVILLE, Fla., June 28, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC), CSX Corporation (NASDAQ:CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama. As part of the series of proposed transactions, CPKC and CSX would each acquire or operate portions of Meridian & Bigbee Railroad, L.L.C. (MNBR), a G&W-owned railway in Mississippi and Alabama, to establish a new freight corridor for shippers that connects Mexico, Texas and the U.S. Southeast. "This strategic acquisition will bring more shipping options to inte
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.11 per share quarterly dividend on the Company's common stock. The dividend is payable on June 15, 2023, to shareholders of record at the close of business on May 31, 2023. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's eco
- CSX Corp. Announces Increase to Quarterly DividendJACKSONVILLE, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a 10 percent increase in its quarterly dividend, from $0.10 to $0.11 per share. The new $0.11 quarterly dividend is payable on March 15, 2023, to shareholders of record at the close of business on February 28, 2023. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has pla
- CSX Corp. Declares Quarterly DividendJACKSONVILLE, Fla., Oct. 06, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend on the Company's common stock. The dividend is payable on December 15, 2022, to shareholders of record at the close of business on November 30, 2022. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the na
- CSX Corp. Declares Quarterly DividendJACKSONVILLE, Fla., July 13, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend on the company's common stock. The dividend is payable on September 15, 2022, to shareholders of record at the close of business on August 31, 2022. About CSX and its DisclosuresCSX, 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation'
- CSX Declares Quarterly DividendJACKSONVILLE, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend on the company's common stock. The dividend is payable on June 15, 2022, to shareholders of record at the close of business on May 31, 2022. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's
- CSX Announces Advances on Future Wage Adjustments for Unionized Operations EmployeesJACKSONVILLE, Fla., April 19, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD) to provide SMART-TD Trainmen and Yardmasters with monthly advance payments on future wage adjustments anticipated in settlement of the 2020 round of national bargaining between rail labor and the Class I railroads. CSX also notified its other labor organization representatives that it intends to reach agreements to provide identical payments to all unionized employees. James M. Foote, president and chief executive officer of CSX, said: "Our union employees have waite
- CSX Receives Approval From Surface Transportation Board to Acquire Pan Am RailwaysJACKSONVILLE, Fla., April 14, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced that the Surface Transportation Board (STB) approved CSX's application to acquire Pan Am Railways, Inc. (Pan Am). CSX will move forward with the acquisition with a planned closing date of June 1, 2022, at which time CSX will acquire control of Pan Am. "CSX is pleased that the STB approved the proposed acquisition of Pan Am and has recognized the significant benefits this transaction will bring to shippers and other New England stakeholders," said president and chief executive officer, James M. Foote. "We look forward to integrating Pan Am, their employees and the rail-served industries of the Nor
- CSX Corp. Announces Increase to Quarterly DividendJACKSONVILLE, Fla., Feb. 16, 2022 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced that the Company's Board of Directors has authorized a 7 percent increase in its quarterly dividend, from $0.093* to $0.10 per share. The new $0.10 quarterly dividend is payable on March 15, 2022 to shareholders of record at the close of business on February 28, 2022. *The prior dividend was carried out to six decimal places to most closely approximate the $0.28 per share dividend amount prior to the three-for-one stock split that occurred on June 28, 2021. About CSX and its Disclosures CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rai
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Yesterday, the Board of Directors of CSX Corporation (NASDAQ:CSX) approved a $0.093* per share quarterly dividend on the company's common stock. The dividend is payable on December 15, 2021, to shareholders of record at the close of business on November 30, 2021. *The dividend will be carried out to six decimal places to most closely approximate the $0.28 per share dividend amount prior to the three-for-one stock split that occurred on June 28, 2021. 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
- Support Continues to Grow for CSX/Pan Am MergerJACKSONVILLE, Fla., Aug. 30, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced today that support for its pending merger with Pan Am Railways Inc. (Pan Am) continues to grow as several additional letters of support were recently filed with the Surface Transportation Board (STB), bringing the total to more than 100 pro-merger comments. U.S. Senator Angus King (I-ME) recently offered his support for the merger, recognizing CSX's "agreements to continue the support of passenger rail service" in addition to looking forward to investment benefits this acquisition may bring to Maine. Senator King's support follows that of his colleague - Maine Senator Susan Collins - who previously
- CSX Earns Support from Key New England Passenger Rail AuthorityJACKSONVILLE, Fla., Aug. 06, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced today that it reached agreement with the Northern New England Passenger Rail Authority ("NNEPRA"), one of New England's largest passenger rail trade authorities to support its planned merger with Pan Am Railways Inc. (Pan Am). Following the submission of this agreement with the STB, "NNEPRA will file with the STB in support of the approval of the Application," wrote the association's executive director Patricia Quinn. NNEPRA's support for the transaction is significant given NNEPRA's role as the primary state sponsor of Amtrak's Downeaster passenger rail service between Brunswick, Maine and Boston, Ma
- Maine Governor Adds Name to Growing List of Supporters of the CSX/Pan Am MergerJACKSONVILLE, Fla., July 29, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced today that its proposed merger with New England's Pan Am Railway's Inc. (Pan Am) gained additional support from Maine Governor Janet Mills as well as four shippers, two municipalities, and one member of the New York State Assembly who all filed letters with the Surface Transportation Board (STB) enthusiastically backing the deal. The transaction will provide significant benefits to shippers, passenger rail users, and local communities as CSX integrates Pan Am into its best-in-class network. In particular, as CSX connects more of New England with its existing 23-state network, which serves two thirds of
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., July 26, 2021 (GLOBE NEWSWIRE) -- On Friday, July 23, 2021, the Board of Directors of CSX Corporation (NASDAQ:CSX) approved a $0.093* per share quarterly dividend on the company's common stock. The dividend is payable on September 15, 2021, to shareholders of record at the close of business on August 31, 2021. *The dividend will be carried out to six decimal places to most closely approximate the $0.28 per share dividend amount prior to the three-for-one stock split that occurred on June 28, 2021. 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 an
- CSX Files Expanded Application with Surface Transportation Board to Acquire Pan Am RailwaysJACKSONVILLE, Fla., July 02, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced that it submitted an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to acquire New England's Pan Am Railway's Inc. (Pan Am). The amended application provides all of the additional details of the proposed transaction requested by the STB in their May 26, 2021 ruling. James M. Foote, president and chief executive officer of CSX said: "CSX is pleased to submit an expanded application for the acquisition of Pan Am Railways, which explains the tremendous benefits of the proposed transaction for stakeholders in New England and
- CSX Completes Acquisition of Quality CarriersJACKSONVILLE, Fla., July 01, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced it has completed its previously announced acquisition of Quality Carriers, Inc. ("Quality Carriers"), the leading North American provider of bulk liquid chemicals truck transportation, from Quality Distribution, Inc. Financial terms of the transaction were not disclosed. Quality Carriers operates over 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. The addition of Quality Carriers enables CSX to extend the reach of its network and gain access to new products, markets, and regions through a unique and competitive multimodal solution that leverages
- CSX Announces Senior Leadership ChangesJACKSONVILLE, Fla., June 07, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced the appointments of Mark K. Wallace as executive vice president of CSX, Kevin S. Boone as executive vice president of sales and marketing, and Sean R. Pelkey as vice president and acting chief financial officer. In his new role, Mr. Wallace will focus on special projects and initiatives supporting the president and chief executive officer. Mr. Wallace continues to receive treatments for cancer but remains committed to helping deliver on the company’s strategic growth initiatives. James M. Foote, president and chief executive officer said: “These appointments demonstrate the depth of CSX’s leade
- CSX Announces Stock SplitJACKSONVILLE, Fla., June 04, 2021 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that its Board of Directors has approved a 3-for-1 stock split to be distributed to shareholders as a stock dividend. Each shareholder of record at the close of business on June 18, 2021, will receive two additional shares of CSX common stock for each share held as of this record date. The new shares will be distributed on June 28, 2021. The regular, quarterly cash dividend of $0.28 per share payable on June 15, 2021, will not be impacted by the stock split. Based on the current dividend rate, the post-split quarterly dividend on the company's common stock would be $0.093* per share.
- CSX Corporation Declares Quarterly DividendJACKSONVILLE, Fla., May 07, 2021 (GLOBE NEWSWIRE) -- Today, the Board of Directors of CSX Corp. (NASDAQ:CSX) approved a $0.28 per share quarterly dividend on the company's common stock. The dividend is payable on June 15, 2021, to shareholders of record at the close of business on May 31, 2021. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion a
- CSX Corp. Announces First Quarter 2021 Financial ResultsJACKSONVILLE, Fla., April 20, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced first quarter 2021 net earnings of $706 million, or $0.93 per share, compared to $770 million, or $1.00 per share in the same period last year. "I am extremely proud of how our team of railroaders handled the challenges presented by the difficult operating conditions this quarter," said James M. Foote, president and chief executive officer. "Looking forward, the strengthening economic momentum is providing added visibility into volume growth, and we are taking the necessary steps to ensure we are ready to handle these volumes and provide our customers with an industry-leading service product.
- CSX Closes Sale on First Phase of the $525-Million Rail Transaction with the Commonwealth of VirginiaJACKSONVILLE, Fla., April 15, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) confirmed today the closing of the first phase of a comprehensive $525-million rail agreement with the Commonwealth of Virginia. This transaction is part of the Commonwealth's previously announced multi-billion dollar rail transportation initiative to improve service and infrastructure in the state. "CSX is pleased to close the first phase of this transaction with the Commonwealth of Virginia," said James M. Foote, president and chief executive officer of CSX. "This transaction highlights our ability to find creative ways to generate meaningful value from our assets while enhancing the safety and efficiency of p
- CSX Announces Increase to Quarterly DividendJACKSONVILLE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021. 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 markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, C
- CSX Announces Fourth Quarter EPS of $0.99, Including $0.05 Charge for Early Debt RepaymentJACKSONVILLE, Fla., Jan. 21, 2021 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the early retirement of debt. CSX’s operating ratio set a company fourth quarter record of 57.0 percent, compared with 60.0 percent in the prior year. Despite the lower level of economic activity and operating challenges presented by the COVID-19 pandemic, CSX produced a full year 2020 operating ratio of 58.8 percent, exceeding the Company’s initial guidance of a 59.0 percent operating ratio. “I am extremely proud of how CSX’s team of r
- CSX to Acquire Pan Am Railways in New EnglandJACKSONVILLE, Fla., Nov. 30, 2020 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced that it has signed a definitive agreement to acquire New England’s Pan Am Railways, Inc. (“Pan Am”), whose rail carrier subsidiaries comprise North America’s largest regional railroad. Headquartered in North Billerica, Massachusetts, Pan Am owns and operates a highly integrated, nearly 1,200-mile rail network and has a partial interest in the more than 600-mile Pan Am Southern system. Pan Am’s network across New England has access to multiple ports and large-scale commodity producers. The transaction will expand CSX’s reach in Connecticut, New York and Massachusetts while adding Vermont, New Hamp