Locked switch blamed in fatal Amtrak crash [Reuters]
CSX Corporation (CSX)
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Source: Reuters
Locked switch blamed in fatal Amtrak crash | Reuters Reuters Staff 2 Min Read Feb 5 (Reuters) - A locked switch is being blamed for the collision between an Amtrak passenger train and a freight train that killed two people and injured more than 100 others in South Carolina early on Sunday. The head of the National Transportation Safety Board said a switch on the tracks, which the freight hauler CSX Corp. owns and operates, was padlocked in a position that steered the Amtrak train onto a siding near Columbia, S.C., where it crashed into a parked, unoccupied CXS train. “Key to this investigation is learning why the switch was lined that way,” Robert Sumwalt, the chairman of the NTSB, told reporters at a news conference on Sunday. NTSB officials were not immediately available to elaborate. Amtrak President and Chief Executive Richard Anderson told reporters Sunday that CSX was responsible for the wreck because of the locked switch. CSX officials were not available for comment. Officials
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News
- CSX Q1 Earnings & Revenues Surpass Estimates, Down Y/Y [Yahoo! Finance]Yahoo! Finance
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- CSX Co. (NASDAQ: CSX) had its price target lowered by analysts at Royal Bank of Canada from $37.00 to $36.00. They now have a "sector perform" rating on the stock.MarketBeat
- CSX Corporation Stock Chugs Along, Great For Trading, Sideways Investment The Last Few Years [Seeking Alpha]Seeking Alpha
- CSX Co. (NASDAQ: CSX) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $40.00 price target on the stock.MarketBeat
CSX
Earnings
- 4/17/24 - Beat
CSX
Sec Filings
- 4/18/24 - Form 10-Q
- 4/17/24 - Form 8-K
- 4/2/24 - Form 4
- CSX's page on the SEC website