CSX announces a major track capacity expansion on its premier River Line CSX announced a major track capacity expansion on its premier River Line between northern New Jersey and the Albany, N.Y., region. The $26M project, with plans for additional River Line capacity expansion in future years, will enable CSX to handle more trains and support the growth of crude oil moving by rail, intermodal shipments, automobiles and other businesses while maintaining strong service performance.
News For CSX From The Last 14 Days
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CSX price target raised to $38 from $33 at Argus Argus increased its price target on CSX after the company reported stronger than expected Q2 results. The firm remains upbeat on North American railroad companies and keeps a Buy rating on CSX.