Railroad

Once dependent on drayage to move boxes to rail, GCT Bayonne now has near-dock rail to speed shipments to U.S. hinterland. The Port of New York and New Jersey's newest rail facility is now in operation, offering shippers easier intermodal access out of one the region's biggest marine...

CSX Corporation (NASDAQ: CSX) reported second-quarter results Tuesday that prompted Loop Capital Markets to turn bullish on the stock. The Analyst Loop analyst Rick Paterson upgraded CSX from Hold to Buy with a price target lifted from $65 to $78. The Thesis CSX's Q2 print makes it...

The North American logistics space represents a $1.2 trillion market, but some rail stocks appear to be out of favor with some Wall Street analysts. The Analyst Goldman Sachs' Matt Reustle initiated the following rail stocks with a Sell rating: CSX Corporation (NASDAQ: CSX) — $45...

What impact will the death of fossil fuels have on CSX Corporation (NASDAQ: CSX)? CSX's CEO Hunter Harrison said during the company's second-quarter conference call that "fossil fuels are dead" — which implies the company won't invest in new coal-related assets, Loop Capital Markets' Rick...

Shares of CSX Corporation (NASDAQ: CSX) were under heavy selling pressure Wednesday despite the company handily beating estimates in its second-quarter earnings report. The railroad company earned 64 cents per share in the second quarter on revenue of $2.933 billion; analysts were expecting the...

The advent of 3D printing is well on its path to disrupt manufacturing as we know it. Everything from shoes to car parts are being manufacturing through 3D printing, or additive manufacturing processes. The railroad industry is jumping on board, after it was announced that Union Pacific Corporation...

Fadi Chamoun of BMO Capital Markets is bullish on the rail sector and recommends investors buy the sector following a recent dip. In a research report the analyst noted that the six major Class 1 railroad stocks saw their combined market value fall by $8.4 billion on Thursday following a...

Walt Liptak of Seaport Global initiated coverage of CSX Corporation (NASDAQ: CSX) with a Neutral rating and $31 price target, which represents a 16x multiple to his 2017 earnings per share estimate of $1.95 per share. Liptak noted that from a historical perspective, the stock has traded at an...

CSX Corporation (NYSE: CSX) shares are ripping higher after casually holding uptrend line support during the most recent market volatility a couple of weeks ago. Looking at the whole picture, do the fundamentals justify the technical strength? What The Bulls See... • An enterprise...