$CSX

Wolfe Research predicts U.S. imports will shift from East to West Coast ports due to a $3,000 container rate gap, caused by Asian port congestion, blank sailings, and supply chain disruptions. The Panama Canal's transit cuts may further support this shift. Beneficiaries include Union Pacific, J.B. Hunt, CSX, Norfolk Southern, Expeditors International, C.H. Robinson, Matson, and Maersk. J.B. Hunt's Q2 intermodal volumes showed mixed growth.

Goldman Sachs data for US Class I rail traffic in week 32 showed total carload growth of 2.4% year-over-year, down from 5.7% in week 31. Intermodal rose 3.0% versus 6.5% prior week. Among carriers, Union Pacific led intermodal at 8.0% YoY, CSX was flat. Canadian carloads grew 7.3% YoY. Q3 2026 tracking: total 3.5% YoY.

CSX said severe storms in West Virginia on Aug. 16 caused flooding, washouts, power outages, and downed trees, disrupting operations. The company is addressing track issues on its Kanawha, New River, and Allegheny subdivisions, with some access limited by flooded roadways. CSX warned customers to expect delays while repairs continue.

According to police records reviewed by Bloomberg News, three men stole over $20,000 of cargo from CSX railcars near a Memphis depot in November, with AI-powered cameras helping trigger a task force led by the Tennessee Bureau of Investigation. The article cites 2025 US freight-rail thefts of $200 million from 75,000 incidents and notes CSX, BNSF and Union Pacific security spending.

A federal jury cleared CSX of liability in a $450 million lawsuit tied to the deadly Waverly flood, according to the article. The case centered on whether a CSX railroad was responsible for damages and deaths connected to the flooding. The ruling removes the company from the claimed liability amount.

Severe thunderstorms and flooding hit eastern Kanawha County and nearby Fayette and Raleigh counties in West Virginia, damaging roads and homes, flooding Cabin Creek and Paint Creek, and disrupting the West Virginia Turnpike. CSX reported washouts affecting its Kanawha, New River and Allegheny subdivisions and said customers should expect shipment delays. Amtrak’s eastbound train stopped near Pratt.

CSX said five empty railcars derailed around 8:30 p.m. Aug. 14 near Franklin Street in downtown Worcester, Massachusetts, according to Turn to 10. Railside Live’s streaming camera recorded the incident. No injuries were reported, and crews used cranes for mechanical cleanup. Cause remains under investigation and reopening timing was not given.

A jury in Waverly, Tennessee, found CSX not at fault for its role in the 2019 Waverly Flood that killed 22 people, after a five-day trial. CSX said it is breaking its silence and that its thoughts remain with the families affected, according to WZTV.

A federal jury in Nashville ruled that CSX Railroad was not responsible for the 2021 Waverly flood that killed 20 people, according to the report. The families sought $450 million, alleging CSX failed to clear debris and failed to warn. After a five-day trial, the jury found CSX did not fail to warn or interfere with drainage.

A federal appeals court ruled in favor of Zayo Group in a dispute with CSX Transportation over whether CSX can block and charge for fiber optic cable beneath its Indiana rail corridor. The Seventh Circuit held CSX’s easements do not include excluding third parties below ground or above tracks absent disruption. CSX’s standing dismissal was partially reversed, but the outcome stayed.