Deadly South Carolina train crash could have been prevented, investigators say [CBC (Canadian Broadcasting Corporation)]
CSX Corporation (CSX)
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Source: CBC
Deadly South Carolina train crash could have been prevented, investigators say Locked switch dubbed a key factor in crash between Amtrak passenger train, freight train Sunday Federal investigators spent a second day Monday at the site of a deadly train crash in South Carolina, where an Amtrak train was mistakenly sent off a main track and down a side spur — and into a parked freight train. The ensuing crash early Sunday killed two people and injured more than 100 passengers. The investigation headed by the National Transportation Safety Board could take years, but federal investigators are already focusing on one critical factor: that a switch, set manually, may have caused the passenger train to barrel down the wrong track. Moreover, authorities say the crash could have been prevented with a GPS-based system called "positive train control," which knows the location of all trains and the positions of all switches in an area and is designed to prevent two trains from traveling on the s
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- CSX Co. (NASDAQ: CSX) had its price target lowered by analysts at UBS Group AG from $46.00 to $44.00. They now have a "buy" rating on the stock.MarketBeat
- 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
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