🌐 Entity
CSX Transportation
Class I railroad system in the United States
📊 Rating
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📌 Topics
- Stock Downgrade (1)
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🏷️ Keywords
Evercore ISI (1) · CSX (1) · stock rating (1) · downgrade (1) · valuation concerns (1) · railroad (1) · investment (1)
📖 Key Information
CSX Transportation (reporting mark CSXT), known colloquially as simply CSX, is a Class I freight railroad company operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. Operating about 21,000 route miles (34,000 km) of track, it is the leading subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida.
CSX Corporation was formed in 1980 from the merger of Chessie System and Seaboard Coast Line Industries, two holding companies that controlled railroads operating in the Eastern United States.
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