CSX Corporation

CSX Corporation Announces Date for First Quarter Earnings Release and Earnings Call

Retrieved on: 
Wednesday, March 27, 2024
Webcast, CSX Corporation, CSX

JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024.

Key Points: 
  • JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024.
  • 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.
  • Presentation materials and access to the webcast will be available on the company’s website at http://investors.csx.com .
  • Following the earnings call, a webcast replay will be archived on the company’s website.

Littlejohn & Co. Adds Transportation and Logistics Expert Farrukh Bezar as Operating Advisor

Retrieved on: 
Tuesday, April 9, 2024
Asset Management, Professional Services, Finance, CSX Corporation, Growth, Transport, STG, Senior, MBA, Northwestern University, CSX, Littlejohn & Co., Marketing, Chase Bank, Management

Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.

Key Points: 
  • Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.
  • In this role, Mr. Bezar will work closely with Littlejohn’s transportation and logistics team to identify attractive investment opportunities and support our logistics portfolio companies as they refine their go-to-market strategies, drive growth, and improve profitability.
  • His previous experience includes senior leadership roles within the transportation and logistics functions at Clarendon, Booz Allen Hamilton, and A.T. Kearney.
  • He currently serves on the boards of Littlejohn portfolio company, Magnate Worldwide, as well as STG and the Northwestern Transportation Advisory Board.

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern’s Failures of Diligence and Poor Judgment in Appointing John Orr as COO

Retrieved on: 
Friday, April 5, 2024
Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Letter, Exercise, Canadian Pacific Railway, Precision, History, Transport, Disclosure, Surface Transportation Board, KCS, Road, Workplace, Employment, CPKC, Risk, Woman, CSX, Illinois Central Railroad, Safety, CSX Corporation, Depression, Canadian National Railway, EVP, PSR, Meridian Speedway, NSC, Annual general meeting, Weakness, Female, Behavior, Verbal abuse, Security (finance)

Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.

Key Points: 
  • Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued the below letter to fellow shareholders regarding the Board of Directors’ (the “Board”) apparent failures of diligence and poor judgment in appointing John Orr as COO.
  • Ancora is a sizable shareholder of Norfolk Southern, meaning our interests and your interests are squarely aligned.
  • The Board and Mr. Shaw provided CPKC with excessive financial and strategic consideration that weakens Norfolk Southern’s long-term competitive positioning.
  • Norfolk Southern operated from a position of desperation, and shareholders and other stakeholders now stand to pay a steep price.

CSX Chief Executive Officer to Address JP Morgan Industrials Conference

Retrieved on: 
Wednesday, March 6, 2024
CSX, CSX Corporation, Webcast, Conference

JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, will address the 2024 JP Morgan Industrials Conference in New York on Wednesday, March 13, at 8:45 a.m. Eastern time.

Key Points: 
  • JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) President and Chief Executive Officer, Joe Hinrichs, will address the 2024 JP Morgan Industrials Conference in New York on Wednesday, March 13, at 8:45 a.m. Eastern time.
  • This address will be broadcast live via webcast at http://investors.csx.com .
  • A replay will be available following the conclusion of this event.
  • This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com .

Armada Hoffler Announces John W. Snow Will Retire From Company’s Board Of Directors

Retrieved on: 
Monday, March 4, 2024
Doctor of Philosophy, Business, Business Roundtable, University, Growth, CSX Corporation, IPO, Policy, Johns Hopkins University, Treasury, Snow, George Washington University, Management

VIRGINIA BEACH, Va., March 04, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that John W. Snow, 84, will retire as a member of the Company’s Board of Directors effective as of the date of Armada Hoffler’s 2024 Annual Meeting of Stockholders.

Key Points: 
  • VIRGINIA BEACH, Va., March 04, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that John W. Snow, 84, will retire as a member of the Company’s Board of Directors effective as of the date of Armada Hoffler’s 2024 Annual Meeting of Stockholders.
  • Armada Hoffler’s Board of Directors recently approved an amendment to Armada Hoffler’s Corporate Governance Guidelines pursuant to which directors will no longer stand for re-election after they reach the age of 80.
  • “I have greatly enjoyed my time with Armada Hoffler and am proud to have served on the board since the IPO,” said John Snow.
  • “John has been a dedicated and valuable member of our Board of Directors, and we are deeply grateful for his guidance, leadership and service,” said Lou Haddad, CEO of Armada Hoffler.

CSX Chief Commercial Officer and Chief Operating Officer to Address Barclays Industrial Select Conference

Retrieved on: 
Thursday, February 15, 2024
CSX, CSX Corporation, Webcast, Conference

JACKSONVILLE, Fla., Feb. 15, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, and Executive Vice President and Chief Operating Officer, Mike Cory, will address the Barclays Industrial Select Conference in Miami on Thursday, February 22, at 8:00 a.m. Eastern time.

Key Points: 
  • JACKSONVILLE, Fla., Feb. 15, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, and Executive Vice President and Chief Operating Officer, Mike Cory, will address the Barclays Industrial Select Conference in Miami on Thursday, February 22, at 8:00 a.m. Eastern time.
  • This address will be broadcast live via webcast at http://investors.csx.com.
  • A replay will be available following the conclusion of this event.
  • This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com.

CSX Corporation Announces Increase to Quarterly Dividend

Retrieved on: 
Wednesday, February 14, 2024
CSX, CSX Corporation

JACKSONVILLE, 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.

Key Points: 
  • JACKSONVILLE, 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.

Wabtec and CSX Extend Deal to Modernize over 200 Locomotives

Retrieved on: 
Tuesday, February 13, 2024
Engineering, Rail, Logistics, Supply Chain Management, Transport, Manufacturing, Machinery, Other Transport, LXA, Marketing, Carbon, FDLA, FDL, CSX, CSX Corporation, GHG, Rail transport

Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services.

Key Points: 
  • Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services.
  • The agreement will transform the remaining AC4400 locomotives in CSX’s fleet providing improved fuel efficiency, reliability, utilization, and tractive effort.
  • This order will continue upgrading the AC4400 locomotives in CSX’s fleet delivering enhanced operational performance and reduced greenhouse gas (GHG) emissions.
  • The contract is in addition to the 260 modernizations that CSX previously ordered, the majority of which have already been delivered.

CSX Corp. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 24, 2024
Commonwealth, CSX, ONE, Intermodal transport, Merchandising, Sale, EPS, Security (finance), CSX Corporation

JACKSONVILLE, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2023 operating income of $1.32 billion compared to $1.46 billion in the prior year period.

Key Points: 
  • JACKSONVILLE, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced fourth quarter 2023 operating income of $1.32 billion compared to $1.46 billion in the prior year period.
  • For the full year 2023, CSX operating income of $5.56 billion was down 8% from the previous year.
  • “Throughout 2023, our railroad demonstrated reliable, industry-leading network performance, and the ONE CSX team delivered consistent results through a dynamic economic environment by focusing on excellent customer service,” said Joe Hinrichs, president and chief executive officer.
  • CSX executives will conduct a conference call with the investment community this afternoon, January 24, at 4:30 p.m. Eastern Time.

Envision Healthcare Appoints Full Board of Directors to Support Next Chapter of Growth

Retrieved on: 
Thursday, January 11, 2024
Managed Care, General Health, Health, Practice Management, Bain & Company, Change Healthcare, Patient, UnitedHealth Group, Outline of health sciences, General counsel, ArcBest, Bridgewater Associates, Health care, Ethics, Justice, Stony Brook University, Envision, CFO, Policy, Envision Healthcare, CVS Health, Medicine, Bain, Gates Corporation, Executive, Interim management, Stolper, Interim, McKesson Corporation, Bank One Corporation, Ohio State University, Negotiation, RadNet, EVP, UHS, CSX Corporation, Growth, Management

Envision Healthcare, a leading national medical group, announced today the full appointment of its board of directors.

Key Points: 
  • Envision Healthcare, a leading national medical group, announced today the full appointment of its board of directors.
  • As Envision enters this next chapter, it remains focused on serving as a trusted provider of quality patient care and improving the health of communities.
  • Five directors join Steve Nelson and Henry Howe, who were recently appointed Chair of the Board of Directors, and Interim Chief Executive Officer (CEO) of Envision and Board Director, respectively, to complete the seven-member team.
  • “It is an honor to have such a talented and experienced group of healthcare leaders join our board,” Nelson said.