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East Coast Freight Growth Gets Boost as CSX Reopens Tunnel
ZACKS·2025-10-02 14:31

Key Takeaways CSX reopened the expanded Howard Street Tunnel, a 450MprojectmodernizingEastCoastfreight.TheupgraderemovesanI95bottleneck,enablingdoublestackedtrainsthroughBaltimorebyearly2026.CSXhighlightsshareholderfocus,liftingitsquarterlydividend8450M project modernizing East Coast freight.The upgrade removes an I-95 bottleneck, enabling double-stacked trains through Baltimore by early 2026.CSX highlights shareholder focus, lifting its quarterly dividend 8% to 13 cents per share in February.CSX Corporation (CSX) announced the reopening of the expanded Howard Street Tunnel, a more than 450 million infrastructure initiative set to modernize freight rail service along the East Coast. The ...