CSX (CSX) PT Lowered to $55 at Stifel; Reiterates Hold Rating

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CSX Reports Improved Progress in Implementing Precision Scheduled Railroading

September 6, 2017 8:00 AM EDT

JACKSONVILLE, Fla., Sept. 06, 2017 (GLOBE NEWSWIRE) -- CSX (Nasdaq: CSX) President and Chief Executive Officer E. Hunter Harrison today said, CSX has made very good progress in the last 60 days in transitioning its operating model to Precision Scheduled Railroading, and Im confident that many of the challenges we and our customers have recently faced are behind us. The CSX team of dedicated railroaders has worked tirelessly over the last few months to implement our new operating model and moved as quickly as possible to address customer issues when they arose.

The railroad is now... More