CSX

CSX 1Q financials suggest an upside

CSX Corp.’s first quarter 2017 non-adjusted net earnings of $362 million and a adjusted operating income of $712 million, yielded net earnings per share of $0.39 up from net earnings of $356 million, or $0.37 per share, in the same period of last year.

CSX fuel tax suit dismissed

A U.S. District Court Judge in Alabama dismissed a lawsuit by CSX alleging a state tax on diesel fuel discriminated against railroads.

Commentary

It shouldn’t take a $300 million man

What has been will be again; what has been done will be done again. There is nothing new under the sun. Is there anything of which one can say, “Look! This is something new”? It was here already, long ago; it was here before our time. No one remembers the former generations, and even those yet to come will not be remembered by those who follow them. Ecclesiastes 1: 9-14.