$CSX

A CSX freight train derailment near South Charleston, West Virginia is under federal review, according to publicly available information. Investigators are examining track condition, inspection records, and locomotive event recorder and crew data to reconstruct events. The incident may affect rail service along an east-west corridor and raise spill and environmental concerns near the Kanawha River.

A CSX freight train derailed in South Charleston, West Virginia, around 9:49 a.m., with 17 cars coming off the tracks near Central Avenue. The cars were hauling corn, and officials said no hazardous materials were involved. No injuries or reported damage to nearby homes or businesses. CSX crews are working to remove cars and restore service; investigators may take several days to determine the cause.

CSX Corp (CSX) reported Q2 2026 results ahead of expectations, citing stronger intermodal demand and steady pricing. Revenue rose to a record $3.94 billion. Intermodal volume increased 9% to 792,000 units, while EPS rose 23% to $0.54 and operating income increased 17% to $1.51 billion. Management projects 5% to 9% revenue growth in 2026.

IMAX, JPMorgan Chase, and CSX shares hit 52-week highs after Wall Street price-target hikes and momentum from recent earnings. IMAX reported Q2 revenue of $102.8M (+12.2% YoY) and adjusted EPS $0.43 (+65%). JPM posted Q2 EPS $7.7 on $57.35B revenue. CSX Q2 revenue rose 10% to $3.94B and diluted EPS to $0.54.

U.S. Rep. Richard Neal’s office says a $20 million flyover project in West Springfield, Massachusetts will eliminate two grade crossings via a railroad-under grade separation. Funding includes federal Railway-Highway Crossings Program money plus CSX and state and local sources. CSX will contribute $2 million, according to the press release.

CSX Corporation (CSX) shares have outperformed the S&P 500 over the past year and in 2026. On July 23, CSX rose 5.8% after Q2 2026 results beat expectations, with revenue up 10% to $3.9B, operating margin 38.3%, and adjusted EPS $0.54. Analysts expect 2026 EPS of $1.98 and a “Moderate Buy” consensus; Deutsche Bank raised its target to $59.

CSX is adding an Indianapolis destination to its Virginia port container service, expanding beyond the current New York-New Jersey inland routing, according to the Port of Virginia. The article also cites ongoing intermodal container backlog reduction at LBCT after June crane “technical” glitches, with delays possibly lasting into August.

CSX reported fiscal Q2 2026 revenue of $3.94 billion, up 10% year over year, and EPS of $0.54, up 23% sequentially, according to the company. CSX raised 2026 guidance, targeting up to a high-single-digit revenue increase, more than 350 bps operating margin expansion, and free cash flow growth over 80%. The article also cites CSX shares up over 40% in a year.

JACKSONVILLE, Fla. — A federal judge has again granted a request by CSX to block a potential strike or other “self-help” by members of the International Association of Sheet Metal, Air, Rail and Transportation Workers-Transportation Division. In a decision on Wednesday, July 29, Judge Wendy Berger of the U.S. District Court for the Middle District of Florida granted a preliminary injunction to prevent self-help actions by SMART-TD members in a dispute over CSX attendance and discipline policies.

Union Pacific (UP) and Norfolk Southern (NS) filed updated commitments with the U.S. Surface Transportation Board to support their proposed merger, including expanded fixed “gateway pricing,” protections for “three-to-two” shippers, and temporary alternative service access if integration performance declines. The deal is expected to close mid-2027. Separately, Q2 revenue rose for UP and NS and other major railroads, with most raising 2026 guidance.