After a brief period of the so-called market correction, the broader U.S. equity markets witnessed a steady uptrend over the past few trading days, buoyed by the AI rally. Experts largely view the AI-infused rally as having more substance than the dot-com bubble and remained bullish on a healthy gain in the second half of the year.However, the optimism was partially marred by the skepticism regarding the upcoming release of May’s core personal consumption expenditures price index, which is the Federal Reser ...

John M. Chase Introduction It's time to talk about the CSX Corporation (NASDAQ:CSX), one of my all-time favorite dividend growth stocks. The only reason why I don't own it is because of my investments in three other railroads, Union Pacific (UNP), Canadian Pacific Kansas City (CP), and Norfolk Southern (NSC), which has a duopoly with CSX in the East. Association of American Railroads While I believe CSX is a better-run railroad than NSC with a focus on commodities and merchandise (which I prefer over ...

JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) has been honored by USA TODAY as one of America's Climate Leaders 2024. This marks the second consecutive year that CSX has been ranked among U.S. companies for achieving significant reductions in emissions intensity between 2020 and 2022. "CSX is proud to be recognized by USA TODAY for our commitment to improving our carbon footprint through meaningful emissions reductions," said Joe Hinrichs, president and chief executive of ...

JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) has been honored by USA TODAY as one of America’s Climate Leaders 2024. This marks the second consecutive year that CSX has been ranked among U.S. companies for achieving significant reductions in emissions intensity between 2020 and 2022. "CSX is proud to be recognized by USA TODAY for our commitment to improving our carbon footprint through meaningful emissions reductions,” said Joe Hinrichs, president and chief executive o ...

Railroad traffic is a barometer of economic activity. In 2023, that worked in favor of the sector. But in 2024, it’s been a different story. That said, railroad stocks are ones that investors buy for the long haul (no pun intended). And the market projected growth rate for railroads is expected to increase at an annual growth rate of 5%. That gives investors a good reason to look for railroad stocks to buy. One catalyst for this demand is likely to come from the push for onshoring of corporate supply chains ...

JACKSONVILLE, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced 53 customers as winners of the company’s Chemical Safety Excellence Award for their outstanding dedication to the safe transportation of hazardous materials throughout 2023. For 30 years, CSX has acknowledged its chemical customers for their shared commitment to safety with this recognition. The longevity of this distinguished honor highlights the essential role customers play in protecting CSX employees and the com ...

JACKSONVILLE, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced 53 customers as winners of the company's Chemical Safety Excellence Award for their outstanding dedication to the safe transportation of hazardous materials throughout 2023. For 30 years, CSX has acknowledged its chemical customers for their shared commitment to safety with this recognition. The longevity of this distinguished honor highlights the essential role customers play in protecting CSX employees and the comm ...

American railroad entrepreneurs Cornelius Vanderbilt (1794 - 1877), Jay Gould (1836 - 1892), ... [+] Russell Sage (1816 - 1906), and Cyrus W. Field (1819 - 1892) carve up the United States into a railroad monopoly as European royalty watch from across the Atlantic Ocean, 1882. Original color lithograph by the artist Frederick Burr Opper. (Photo by Stock Montage/Getty Images)Getty Images This onshoring trend is roaring—but we contrarian dividend investors still have time to cash in. I’ve got a “3-pack” of ch ...

JACKSONVILLE, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- CSX's Pride in Service initiative was awarded Gold in Engage for Good's (E4G) 22nd Annual Halo Awards for Best Employee Engagement Initiative and Silver for Best Direct Service Initiative. This honor recognizes CSX's partnership and support for Wounded Warrior Project® (WWP)'s Drone Training Program. The program provides veterans with initial training to become certified FAA drone pilots and advanced training for warriors who are already certified. Warrio ...

JACKSONVILLE, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- CSX’s Pride in Service initiative was awarded Gold in Engage for Good’s (E4G) 22nd Annual Halo Awards for Best Employee Engagement Initiative and Silver for Best Direct Service Initiative. This honor recognizes CSX’s partnership and support for Wounded Warrior Project® (WWP)’s Drone Training Program. The program provides veterans with initial training to become certified FAA drone pilots and advanced training for warriors who are already certified. Warrio ...