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North Carolina Department of Transportation officials announced June 28 that they have reached an agreement with CSX Corp. to build a new intermodal transportation facility in Edgecombe County. Edgecombe County, located 70 miles east of Raleigh, is nestled beside Interstate 95 and U.S Route 64. According to a press release issued by NCDOT, the hub will facilitate commerce and boost economic growth.

A rendering shows the train and cargo-transfer hub that Palmetto Railways plans to build on the old Navy base in North Charleston to serve a new port terminal being built nearby. It would be served by Norfolk Southern and CSX Corp. Provided/Palmetto Railways A rendering shows the train and cargo-transfer hub that Palmetto Railways plans to build on the old Navy base in North Charleston to serve a new port terminal being built nearby.

Equities research analysts expect that CSX Co. will report earnings per share of $0.85 for the current quarter, according to Zacks Investment Research .

Pensionfund Sabic decreased its stake in shares of CSX Co. by 21.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission.

A number of other equities research analysts have also recently commented on CSX. Deutsche Bank set a $70.00 price target on CSX and gave the company a buy rating in a report on Sunday, March 4th.

Gulf International Bank UK Ltd raised its position in CSX Co. by 3.6% in the 2nd quarter, Holdings Channel reports.

Local and state leaders probably breathed a sigh of relief as plans were finally finalized by CSX and the state Department of Transportation to build a new intermodal transportation facility in Edgecombe County. The Carolina Connector, or CCX, will be built on the CSX mainline and ran by CSX.

CSX will be posting its quarterly earnings results after the market closes on Tuesday, July 17th. Analysts expect CSX to post earnings of $0.83 per share for the quarter.

A top CSX Transportation executive is leaving the company to work for another train company - All Aboard Florida's Brightline - in Orlando.

Cullinan Associates Inc. reduced its holdings in CSX Co. by 38.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

An Amtrak train slammed into a parked CSX freight train, top left, in Cayce in February. Federal investigators grilled executives about the deadly crash outside Columbia, asking officials with the company that owns the tracks about changes within the company in the months leading up to the crash.

Brokerages expect CSX Co. to announce earnings per share of $0.85 for the current fiscal quarter, according to Zacks Investment Research .

CSX Corporation is set to release its Q2 financial performance on July 17, and we expect the company to post modest growth led by the Intermodal segment. However, the company's coal freight revenues will likely decline amid lower production and the trends in natural gas prices.

NN Investment Partners Holdings N.V. grew its holdings in CSX Co. by 3,946.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission .

CSX Co. was the recipient of a significant decrease in short interest during the month of June.

CSX Co. saw a large decrease in short interest in June. As of June 29th, there was short interest totalling 10,434,347 shares, a decrease of 19.4% from the June 15th total of 12,951,845 shares.

State of Alaska Department of Revenue increased its stake in CSX Co. by 12.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission .

V Wealth Management LLC raised its holdings in CSX Co. by 282.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission.

CSX Corp. reported second-quarter net earnings of $877 million, or $1.01 a share, a rise of 72% from net earnings of $501 million, or 55 cents a share, in the same period a year ago. Revenues for the Jacksonville, Fla.-based railroad rose 6% to $3.1 billion from $2.9 billion a year ago.

Good afternoon, ladies and gentlemen, and welcome to the CSX Corporation's Second Quarter 2018 Earnings Call. As a reminder, today's call is being recorded.

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