Long trains are the subject of a long-awaited safety report [Seeking Alpha]
CSX Corporation (CSX)
Last csx corporation earnings: 4/22 04:02 pm
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Source: Seeking Alpha
The report indicated that there is a clear correlation between the number of derailments related to in-train forces and the long trains that routinely measure more than a mile or two long in distance. The conclusion was that railroads must take special care in the way they assemble long trains, especially those with a mix of different types of cars. "Train makeup decisions and train length must be made with ample consideration of the capabilities and performance of the crews that operate the trains," read the report. Regulators, Congress, and the industry were advised to reexamine the risks associated with long trains. "Long trains aren't inherently dangerous. But if you don't have adequate planning on how to put the train together, they can be," stated Penn State University professor Peter Swan, who was one of the report's authors. The increased use of long trains has allowed CSX Corporation ( NASDAQ: CSX ), Union Pacific ( NYSE: UNP ), Berkshire Hathaway-owned ( NYSE: BRK.A NYS
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CSX
News
- Here's Why Investors Should Get Rid of CSX Stock Currently [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CSX Corporation - CSXAccesswire
- The Schall Law Firm Urges Shareholder Participation In An Inquiry Into CSX Corporation's Possible Securities Law Violations Accesswire
- CSX Investors Have Opportunity to Join CSX Corporation Securities Fraud Investigation with the Schall Law FirmPR Newswire
- CSX Corporation Is Being Investigated For Securities Fraud And Impacted Investors Are Invited To Contact The Schall Law Firm Accesswire
CSX
Earnings
- 10/16/24 - Miss
CSX
Sec Filings
- 10/17/24 - Form 10-Q
- 10/16/24 - Form 8-K
- 9/18/24 - Form 8-K
- CSX's page on the SEC website