CSX Corp (CSX)

CSX Corp (CSX) Profile

CSX Corporation is a company that provides rail-based freight transportation. like rail-to-truck transfers and bulk commodity operations to move goods: chemical compounds, food and agriculture items like fertilizers and cars and minerals like coal, coke, and iron ore for power plants and steel mills, as well as metal and equipment., and industrial plants, as well as coal exports to deep-water port facilities. Additionally, the firm gives intermodal transportation services via a chain of around 30 terminals that convey manufactured consumer products in containers, as well as haulage services, which include intermodal shipment collection and delivery. It provides warehouse and logistics facilities for the automobile industry and connects non-rail-served consumers by transferring products from rail to vehicles, such as plastics and ethanol. The firm owns and runs an almost 19,500-mile rail network that serves various major cities in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec. Additionally, it connects to manufacturing / supply facilities via track connections. The headquarters of CSX Corporation are located in Jacksonville, Florida.

Full Time Employees: 20,500. Stock price 36.65+0.35 (+0.98%) As of1/13/2022 03:14 PM EST.
CSX total assets ending September 30, 2021 were $40.129B Market cap 81.257 USD.
CSX Corp (CSX.xnys)Analysis
CSX (CSX) finished at $37.60 in the most recent trading period, up 0.75 percent from the prior day. This increase exceeded the S & P 500's 0.26 percent daily loss. Elsewhere, the Dow fell 0.16 percent, while the Nasdaq, which is heavily weighted with technology, fell 0.04 percent. Stock of the freight railway had gained 4.92 percent in the preceding month, trailing the Transportation sector's 5.31 percent increase but beating the S&P 500's 4.82 percent gain.

Subsidiaries: Express, Conrail, Seaboard Coast Line CSX Transportation, Fruit Growers.

CSX Corp (CSX.xnys) News CSX Corporation applauds Rivian Automotive, Inc. on its recently announced plans to build a $5 billion production complex east of Atlanta on a CSX rail-served location. Rivian now builds its R1T battery electric pickup truck at its Normal, Illinois, facility and will shortly begin shipping its R1S sport utility vehicle. The 2020 Motor Trend Vehicle of the Year.