It's not only the subway that needs attention - new NYC Transit boss Andy Byford vowed Monday to turn around the MTA's struggling bus system as well. Byford, in his first Metropolitan Transportation Authority board transit committee meeting, said the bus network is one of his four equal priorities, along with fixing the subway, paratransit…
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The railcar manufacturing industry is expected to hit rock bottom in 2018. Hence this is the right time to consider purchasing the stock. Start the conversation, or Read more at Seeking Alpha.
JACKSONVILLE, Fla. - More job cuts are coming at CSX Corp. this year, but new CEO James Foote says employees are supporting management's efforts to reform the Jacksonville-based railroad. Start the conversation, or Read more at Brotherhood of Locomotive Engineers and Trainmen.
Canadian National Railway has been assigned an average rating of "Buy" from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. Start the conversation, or Read more at AmericanBankingNews.com.
Two Washington bills targeting trespassers in Clark County could have statewide implications for anglers and boaters. House Bill 2521 and Senate Bill 6152 would give counties authority to close roads and other public right-of-ways that abut a waterway for "the protection of public safety." Start the conversation, or Read more at The Spokesman-Review.
CSX has raised dividends for more than a decade and expects to pass along any tax reform benefit to its shareholders. CSX was able to achieve more than its targeted cash flow before dividends in 2017 as well as accomplished many of its efficiency improvement targets. Start the conversation, or Read more at Seeking Alpha.
Trinity Industries Inc was the recipient of unusually large options trading on Thursday. Stock traders purchased 4,437 put options on the company. Start the conversation, or Read more at AmericanBankingNews.com.
Cadence Capital Management LLC reduced its stake in shares of Union Pacific Co. by 3.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. Start the conversation, or Read more at Daily Political.
State of Alaska Department of Revenue raised its stake in CSX Co. by 531.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Start the conversation, or Read more at Daily Political.
The brokerage currently has a sell rating on the transportation company's stock. Several other analysts also recently commented on CSX. Start the conversation, or Read more at The Breeze.