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Road and Rail Railroads

  • DETROIT, July 18- CSX Corp, the third-largest U.S. railroad operator, posted a better-than-expected rise in quarterly net profit on Tuesday, helped by improved coal shipments, and the company also announced a $500 million increase to its share repurchase program. The Jacksonville, Florida- based railroad said second-quarter revenue rose 8 percent, on growth...

  • A CSX coal train heads south toward the Ohio River in Cincinnati, Ohio.

    Analysts had expected higher guidance from the railroad company.

  • DETROIT, July 18- CSX Corp, the third-largest U.S. railroad operator, reported a better-than-expected rise in quarterly net profit on Tuesday as coal shipments helped drive revenue growth. CSX posted second-quarter net income of $510 million or 55 cents per share, up from $445 million or 47 cents per share a year earlier. On that basis, Wall Street analysts had...

  • Cramer's game plan: A make-or-break week for every key sector

    Jim Cramer looks ahead to the important stocks and events of a week that he says will define the rest of the quarter.

  • Jim Cramer looks ahead to the important stocks and events of a week that he says will define the rest of the quarter.

  • Make-or-break week for every key sector

    Jim Cramer looks ahead to the important stocks and events of a week that he says will define the rest of the quarter.

  • Top States Worst Infrastructure

    Trump backs a $1 trillion infrastructure plan mixing state and private spending. These 10 crumbling states need it most.

  • Construction workers pour concrete as part of a bridge expansion project in California.

    These 10 states have the best infrastructure in America, from roads and bridges to railways, ports, airports and utilities.

  • Amtrak CEO: It's not cheap to bore a tunnel and who pays?

    Wick Moorman, Amtrak CEO talks about Elon Musk's plan to build a Hyperloop and the costs associated with boring giant underground tunnels.

  • Amtrak CEO: Penn Station repairs 'summer of renewal'

    Wick Moorman, Amtrak CEO, talks about beginning emergency repairs at Penn Station in New York after years of neglect. It's time to get some work done, says Moorman.

  • Travelers wait in line before boarding an Amtrak train at Pennsylvania Station, May 31, 2017 in New York City.

    WNBC's Michael Gargiulo reports New York City commuters can expect extensive delays as work begins to repair Penn Station, the nation's busiest rail hub.

  • June 28- U.S. retailers may see a much-needed boost from the coming back-to-school shopping season if the pickup in incoming merchandise traffic from Asia seen by the largest U.S. railroad is any guide. Thomson Reuters' Same Store Sales Index, which tracks sales from stores open at least one year, indicates a 1 percent growth rate for the third quarter of 2017,...

  • NEW YORK, June 28- The head of the largest U.S. railroad said on Wednesday that based on conversations with officials from President Donald Trump's administration including Commerce Secretary Wilbur Ross, he is confident upcoming talks will result in a "more effective" North American Free Trade Agreement. Renegotiation of NAFTA was a key campaign promise of...

  • Richard Anderson, who spearheaded Delta's growth into the world's largest airline by market value when he retired as chief executive in May 2016, will become president and co-CEO on July 12, two days after Amtrak launches the rebuilding program at New York City's Pennsylvania Station. The repairs, estimated to cost $30 million to $40 million over several years,...

  • The leadership change comes as Amtrak's repair program at Penn Station in New York City is expected to cause major service disruptions this summer for commuters across the metropolitan region. A rift is growing between Amtrak, which owns Penn Station, and the two states that use most of the hub's track space, New York and New Jersey. During his tenure, Delta...

  • WASHINGTON, June 26- Amtrak on Monday named a former Delta Air Lines chief executive as its next president and CEO as the U.S. passenger rail carrier makes major repairs at its busiest U.S. hub. Richard Anderson will assume the title of president and co-CEO on July 12 and take over the CEO role exclusively on Jan. 1. Amtrak's repair program at Penn Station in New York...

  • WASHINGTON, June 26- Amtrak on Monday named a former Delta Air Lines chief executive as its next president and CEO as the U.S. passenger rail carrier makes major repairs at its busiest U.S. hub. Richard Anderson will assume the title of president and co-CEO on July 12 and take over the CEO role exclusively on Jan. 1. Amtrak's repair program at Penn Station in New York...

  • WASHINGTON, June 26- Amtrak on Monday named a former Delta Air Lines chief executive as its next president and CEO as the U.S. passenger rail carrier makes major repairs at its busiest U.S. hub. Richard Anderson will assume the title of president and co-CEO on July 12 and take over the CEO role exclusively on Jan. 1. Amtrak's repair program at Penn Station in New York...

  • WASHINGTON, June 26- Amtrak on Monday named a former Delta Air Lines chief executive as its next president and CEO as the U.S. passenger rail carrier makes major repairs at its busiest U.S. hub. Richard Anderson will assume the title of president and co-CEO on July 12 and take over the CEO role exclusively on Jan. 1. Amtrak's repair program at Penn Station in New York...

  • PASSENGER RAIL SYSTEM AMTRAK NAMES FORMER DELTA AIR LINES CEO RICHARD ANDERSON AS PRESIDENT AND NEXT CHIEF EXECUTIVE.