CSX Transportation earnings top Wall Street estimates despite declines in volume and revenue NEWSWIRE

csxtomorrow

JACKSONVILLE, Fla. — CSX Transportation’s third quarter profit sank due to declines in intermodal and coal revenue and volume, the railroad announced on Wednesday afternoon. The railroad’s operating income was essentially flat, at $1.28 billion, as revenue declined 5%, to $2.97 billion. Net income declined 4%, to $856 million. Earnings per share grew 3%, to […]

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Four Amtrak-NJ Transit stations to receive makeovers NEWSWIRE

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Four Northeast Corridor stations used by Amtrak and NJ Transit, including Princeton Junction, N.J., will receive makeovers in a program announced Tuesday. Here, a Princeton “Dinky” awaits departure to the Princeton University campus from Princeton Junction in August 2019. TRAINS: David Lassen NEW BRUNSWICK, N.J. — Four stations used by NJ Transit and Amtrak on the […]

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Lehigh Gorge Scenic Railway to cease operations NEWSWIRE

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A Lehigh Gorge Scenic Railway train prepares to leave the former Central Railroad of New Jersey station in downtown Jim Thorpe, Pa., on Oct. 24, 2018. The Lehigh Gorge Scenic has announced it will shut down in November. Scott A. Hartley PORT CLINTON, Pa. — The Lehigh Gorge Scenic Railway announced it would cease operations […]

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Miami-Dade to fund new Virgin Trains station NEWSWIRE

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A Virgin Trains/Brightline train departs MiamiCentral station in January 2019. Miami-Dade County will fund the construction of a new Aventura station about 15 miles north of the downtown station. TRAIN: David Lassen MIAMI — Miami-Dade County commissioners have approved spending $76 million to build a Virgin Trains USA station at the Aventura Mall, a move […]

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