Stock Symbol: CSX
500 Water Street
CSX Corporation Industry:
CSX Corporation Description:
CSX Corporation (NYSE: CSX), based in Richmond, Va., operates the largest rail network in the eastern half of the United States. It also provides intermodal, domestic container-shipping and global container terminal operations.
CSX Corporation Financial Summary:
CSX Corporation is a global freight transportation company with principal business units providing rail, container-shipping, intermodal and international terminal services. For the 26 weeks ended 7/1/05, revenues increased 9% to $4.27B. Net income from continuing operations totaled $319M, up from $145M. Results reflect volume increases due to favorable economic conditions combined with price increases.
CSX Corporation Business Summary:
CSX Corporation (CSX) operates rail networks in the United States, and also arranges for and provides integrated rail and truck (intermodal) transportation services across the United States and key markets in Canada and Mexico. Its marine operations (which were sold in February 2005) included an international terminal services company, which operated and developed container terminals, distribution facilities and related terminal activities. CSX also owns and operates the Greenbrier, a AAA Five-Diamond resort located in White Sulphur Springs, West Virginia. On February 22, 2005, CSX sold its International Terminals business.