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The Latest Breaking News from CSX

Freight train carrying hazardous materials derails in Pennsylvania, sparking evacuations

Railroad industry has faced controversy this year over safety concerns

The Independent UK

Engineers frustrated with rails even as others get sick time

Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations despite the progress that has been made this year with sick time deals for most of the other rail unions

The Independent UK

US rail companies grant paid sick days after public pressure in win for unions

Leading railroads give four paid sick days after years in which workers weren’t allowed to call in sick the morning of their shift

The Guardian - US

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Freight train derails in Blue Island, police say no injuries reported and no hazardous materials released

More than a dozen cars of the CSX train derailed around 9:20 p.m. Wednesday at Thornton Road and 136th Street in the south suburb, according to police and the railroad.

Chicago Sun-Times

All Aboard! 3 Railroad Stocks That Won't Stop Chugging

In the upcoming years, the railroad industry is anticipated to stay afloat due to its goods transportation services and swift investments in the sector. Hence, investors could consider shares of fundamentally sound railroad stocks Canadian National (CNI), CSX Corp. (CSX), and Westinghouse Air Brake (WAB). Read more….

StockNews.com

3 people are injured in a fiery West Virginia train derailment caused by a rockslide

An empty coal train hit a rockslide along tracks in West Virginia on Wednesday morning, causing a fiery derailment that injured three crewmembers, CSX Transportation said in a statement.

WEKU

3 injured in fiery train derailment caused by rockslide

CSX Transportation says an empty coal train hit a rockslide along tracks in West Virginia, causing a fiery derailment that injured three crewmembers

The Independent UK

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'We all knew it was going to happen': Railroad workers and unions say years of cost-cutting and safety pushback created the Ohio train disaster

The Norfolk Southern derailment that created a toxic plume this month highlights major problems in the rail industry.

Fortune

CSX railroad promises paid sick time to two more unions

CSX railroad has promised to give more of its workers the paid sick time they demanded in contract negotiations last fall

The Independent UK

In a first, some CSX railroad workers to get paid sick time

Several thousand workers at CSX will soon get one of the things that pushed the railroad industry to the brink of a strike last fall: paid sick time

The Independent UK

Amid gains, railroaders seeking quality-of-life improvements

The contract imposed on railroad workers last fall didn't resolve their quality-of-life issues, but there are indications the major freight railroads might start to address some of their concerns about demanding schedules and the lack of paid sick time

The Independent UK

Hundreds Of U.S. Cities Have Adopted A New Definition Of Anti-Semitism

Total of 1,116 global entities have adopted the International Holocaust Remembrance Alliance’s Working Definition of Antisemitism.

Zenger

Michael Hiltzik: Greedy railroads are to blame for rail strike threat. Why should Congress help them?

The prevailing take on the looming national rail crisis is that a few recalcitrant railroad unions are poised go on strike Dec. 9, provoking an industrywide labor walkout that would inflict a "crippling" blow to the U.S. economy.

Los Angeles Times

5 Stocks Investors Can Hold Onto Forever

Although the stock market remains highly volatile due to high inflation levels and the Fed’s aggressive monetary policy stance, analysts believe consumer prices will significantly decline in 2023. Moreover, the Fed also signaled slower rate hikes ahead. So, fundamentally strong stocks, AbbVie (ABBV), CSX Corporation (CSX), Waste Management (WM), Stellantis…

StockNews.com

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StockNews.com

The 3 Best Stocks to Buy for a Starter Portfolio

As the most recent data shows signs of inflation cooling, most Fed officials anticipate a slowdown in interest rate hikes. Since the market may witness a rebound, it could be the right time to consider investing in fundamentally strong stocks CSX Corporation (CSX), Albertsons (ACI), and KT Corporation (KT) for…

StockNews.com

Should You Buy This 1 Railroad Stock as the Holiday Season Approaches?

Despite the macroeconomic headwinds, railroad service provider CSX Corporation (CSX) reported stable third-quarter results. However, its prospects for this holiday season look uncertain as a potential nationwide rail strike looms. So, will it be wise to own CSX shares now? Continue reading….

StockNews.com

3 Stocks to Buy Before 2022 Comes to an End

With the Fed indicating that the final level of interest rates will be higher than expected, many analysts expect the economy to slip into a recession next year. Since the stock market will likely remain under pressure, investors should consider buying fundamentally strong stocks UnitedHealth Group (UNH), Merck & Co.…

StockNews.com

4 Stocks to Amplify Your Portfolio in Q4

With investors regaining confidence in the markets amid cooling down inflation, fundamentally strong stocks CSX Corporation (CSX), Teva Pharmaceutical Industries (TEVA), Celestica Inc. (CLS), and DLH Holdings (DLHC) may be ideal investments to capitalize on their potential rebound. Continue reading….

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news in one place.

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StockNews.com

2 Railroad Stocks to Catch a Ride on in Q4

Rebounding travel and tourism, the rising need for freight transportation services, and rapid investments in railroads are expected to help this industry grow leap and bounds over the coming years. Therefore, investors should consider investing in quality railroad stocks CSX Corporation (CSX) and Norfolk Southern (NSC) now. Moreover, these stocks…

StockNews.com

1 Railroad Stocks to Help Keep Your Portfolio Chugging Along

Leading transportation company CSX Corporation (CSX) reported impressive third-quarter results marked by solid earnings growth. Moreover, the company has immense potential for growth over the long run, driven by its strategic initiatives and strong freight demand outlook. Thus, investors should add this quality railroad stock to their portfolios. Read on….

StockNews.com

Get in on This Railroad Stock Before It Leaves the Station

Railroad company CSX Corporation’s (CSX) financials surpassed analyst estimates in the third quarter, defying market uncertainties. Moreover, Wall Street analysts expect the stock to grow more than 10% in the near term. Hence, investors should not delay investing in this railroad stock. Read on….

Chicago Sun-Times

$380 million flyover project expected to ease rail congestion

Planners hope a new rail bridge will resolve one of the largest chokepoints for passenger and freight rail traffic in the nation.

StockNews.com

These 2 Stocks Will Be Winners Over the Long Term

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

Chicago Sun-Times

Southwest Side mom prevails in fight over lead paint on viaduct

Rail operator CSX agreed to clean up passageways after Alejandra Frausto warned three years ago that falling paint is a threat to children.

StockNews.com

3 Cheap Stocks to Buy for a Quick Buck

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

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