SEC investigates CSX's accounting
US railroad CSX disclosed today in a 10-Q filing lodged with the Securities and Exchange ...
US railroad CSX released its quarterly numbers after the US market close yesterday, 16 October and what, curiously, made the headlines was a Q3 24 performance that fell short of “earnings expectations amid soft trucking environment“.
That factor was also mentioned by $69bn-market-cap CSX in its investor pack, where the firm noted that a weak trucking market is set to remain a near-term challenge.
In one investor forum on Seeking Alpha, that topic drove a couple of comments worth flagging, starting with: ...
Spot rates ex-Asia still falling, despite USEC congestion, with more blanks
Carriers battle for market share as demand falls and alliance shuffle looms
Freight rates will stay high next year – no respite for shippers, predicts Drewry
China's ecommerce giants revamp strategy to get round new US rules
Air cargo spot rates hit 2024 peak, while Vietnam becomes a hotspot
A Trump presidency would put pressure on ocean rates and Asian exports
DP World buys 47,000 teu of containers to boost 'end-to-end' ambitions
Europe's logistics operators tighten security after alert by UK counter-terror services
Comment on this article