CSX acquires Eastern Associated Terminal in Tampa CSX announced the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The phosphate export facility is adjacent to CSX Transportation's Rockport terminal on Tampa Bay, and the combined entity will be called Rockport Terminals. As a result of the acquisition, CSX added 12 new positions for terminal operations to Rockport's current staff of 25. Shantel Johnson-Davis, who has led CSX's phosphates sales and marketing efforts in Tampa, was appointed assistant vice president and general manager – phosphates and fertilizers, and will lead both commercial activities and operations at Rockport Terminals.
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.