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Posts published in “Day: October 16, 2018”

UPDATE 2-Railroad operator CSX’s quarterly profit tops Wall Street target

(Adds revenue forecast, impact of Hurricane Florence, CEO comment) Oct 16 (Reuters) - CSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight. Shares in CSX, which forecast 2018 revenue…

CN unveils new centerbeam rail car

The centerbeams are being manufactured at National Steel's plant in Hamilton, Ontario. Photo – cn.ca CN has begun to roll out the first of its new centerbeam rail cars ordered earlier this year from National Steel Car Ltd.CN received the first of 350 new centerbeams in August. The new builds are 73-foot riserless centerbeams with…