Company

CSX Corporation

Headquarters: Jacksonville, FL, United States

Founded: November 1, 1980

Employees: 20,900

CEO: Mr. James M. Foote

show_chart NASDAQ: CSX +1.62%

Market Cap

$28.90 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

CSX Corporation is a rail transportation company. With a rail network regrouping more than 21,000 route miles of track across the United States and Canada, CSX provides access to major population centers of the Eastern United States, Ontario, and Quebec. Through rail transportation, CSX eases the movement of a wide range of products while also minimizing effects on the environment, and fuel consumption, and transportation costs.

CSX Corporation market capitalization over time

Evolution of CSX Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of CSX Corporation

Detailed Description

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 19,500 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

Wikipedia Introduction

CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger. The various railroads of the former Chessie System and Seaboard Coast Line Industries that are now owned by CSX Corporation were eventually merged into a single line in 1986 and it became known as CSX Transportation. CSX Corporation currently has a number of subsidiaries beyond CSX Transportation. Based in Richmond, Virginia, USA after the merger, in 2003 the CSX Corporation headquarters moved to Jacksonville, Florida. CSX is a Fortune 500 company.

Source: Wikipedia, retrieved on Feb. 18, 2021, 3:52 p.m.

Product & Services

Railroad Transport

Key People

John J. Zillmer (Chairman) James M. Foote (President, CEO)

Financials

Revenue: US $10.583 billion (2020)

Operating income: US $4.362 billion (2020)

Net income: US $2.765 billion (2020)


Total assets: US $38.2 billion (2019)

Total equity: US $11.8 billion (2019)

Details

Headquarters:

500 Water Street

15th Floor

Jacksonville, FL 32202

United States

Phone: 904-359-3200