Charles "Wick" Moorman, Norfolk Southern CEO, explains why he doesn't think the industry needs more mergers to have a bright and compelling future.
CHICAGO, Oct 14- No. 3 U.S. railroad CSX Corp on Tuesday reported a rise in third-quarter profit, beating forecasts and predicting double-digit growth for 2015 as it moved more freight on its network due to a growing U.S. economy. CSX reported earnings per share of 51 cents, up from 45 cents a year ago and beating the 48 cents expected by Wall Street analysts.
After CSX reported record Q3 earnings, the company's CEO Michael Ward, discusses what the move in oil prices means for his business, and steps to ensure safety for oil transportation.
CSX is reporting Q3 EPS of $0.51 on revenue of $3.22 billion, with CNBC's Morgan Brennan.
Donald Broughton, Avondale Partners senior research analyst, breaks down the freight flows in the railway sector to find the best plays in the space.
CNBC's Dominic Chu explains why railroad stocks have been steady all year and discusses if even bigger gains are ahead.
Up until today, transportation stocks had been showing signs of strength. CNBC's Dominic Chu reports the road and rail group is still one of the best performing in the S&P this month, and provides insight to trucking and transport company Ryder System.
A record harvest will likely cause financial hardships on grain farmers due to a lack of rail service. Some point the finger at the oil industry for the problem.
Sal Vitale, Sterne Agee transportation analyst, digs into the best rail stock picks now, and discusses if a bust in the industry is coming.
Looking at signals of a recovery from the rail and transport industry, with Jason Seidl, Cowen & Co.
Jack Koraleski, Union Pacific CEO, discusses the rail operators Q2 earnings and explains why he is optimistic about the second half.
Wick Moorman, Norfolk Southern CEO, discusses his company's quarter, low coal inventories, and the new safety precautions for shipping oil via railroads.
The Department of Transportation has proposed new safety rules for moving crude oil and ethanol by rail. CNBC's Morgan Brennan looks at how this influencing rail stocks.
A strike on New York's Long Island Rail Road has been averted after a tentative agreement was reached, a labor union said on its website.
CNBC's Bertha Coombs reports the Department of Transportation is ordering all company's transporting Bakken oil by rail to notify the communities they are traveling through.
U.S. companies moving crude via rail must tell states when a cargo is moving across their jurisdiction, the Transportation Secretary said.
Matthew Rose, BNSF executive chairman, explains how domestic energy production is helping the economy grow.
FMHR trader Josh Brown explains why investors should buy railroad freight car maker The Greenbrier Companies.
CNBC's Dominic Chu provides insight on road and rail stocks, in addition to providing perspective on air freight and logistics.
Gasoline prices have increased in part because of an ethanol price hike, but the national average will stay low this summer.