The tentative agreement, brokered in September with help from the Biden administration, had averted a strike before the midterm elections.
SMART-TD, one of the largest rail unions, voted down a labor deal and a national strike could begin in December, a serious blow to the economy.
Key rail union votes and decisions are coming as UPS, retailers, and the U.S. economy prepare for a potential strike that could shut down the freight network.
CSX Corporation (NASDAQ:CSX ) Stephens Annual Investment Conference 2022 November 15, 2022 10:00 AM ET Company Participants Kevin Boone - EVP & Chief, Sales & Marketing Conference Call Participants Ju
CSX Corporation (NASDAQ:CSX ) Baird 52nd Annual Global Industrial Conference 2022 November 9, 2022 10:40 AM ET Company Participants Garrett Holland - Baird Conference Call Participants Sean Pelkey - E
With improvement in mind, CSX is positioned for growth.
A second rail union, Brotherhood of Railroad Signalmen, voted overwhelmingly to reject a deal with railroad companies needed to avert a nationwide strike.
Big Tech firms like Alphabet, Microsoft and Apple, as well as retail giants like Coca-Cola, are all set to report earnings this week.
CSX, which delivered a third-quarter earnings beat and robust guidance last week, is well positioned to boost the performance of its rail network, analysts say.
As new CSX president and CEO Joe Hinrichs settles into his role, a major focus for the former auto executive will be instilling a company culture that values not only the railroad's existing and poten
CSX's Q3 revenues benefit from a higher fuel surcharge, pricing gains, an increase in volumes, and an increase in storage and other revenues.

Call Traders Target CSX After Strong Results

10:48am, Friday, 21'st Oct 2022
CSX Corp (NASDAQ:CSX) is up 3.2% at $27.95 at last glance, after the transportation and logistics company's strong third-quarter report.
CSX (CSX) delivered earnings and revenue surprises of 6.12% and 3.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
CSX Corporation (NASDAQ:CSX ) Q3 2022 Earnings Conference Call October 20, 2022 4:30 PM ET Company Participants Matthew Korn - Head of Investor Relations Joe Hinrichs - Incoming President & Chief Exec
Shares of rail operator CSX Corp. moved higher after hours on Thursday after the company reported third-quarter results that beat estimates, helped by higher prices and fuel surcharges.
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