CSX updates Q4 expectations

CSX has revised its expectations for fourth quarter performance to reflect a decrease in earnings per share, but says it remains committed to finding cost savings and efficiencies and invest in improvements to drive its long-term strategy.

GWI completes acquisition of P&W

Genesee & Wyoming Inc. (GWI) announced last week its completed acquisition of Providence and Worcester Railroad Company (P&W) for approximately $126 million, or $25.00 per share.