CSX reopened the Blue Ridge Subdivision, enhancing freight movement and network resilience after Hurricane Helene's damage.
Quiver AI Summary
CSX announced the reopening of the Blue Ridge Subdivision, a vital 60-mile freight corridor in Tennessee and North Carolina that was severely damaged by Hurricane Helene nearly a year ago. This restoration, which involved over 570,000 work hours and significant upgrades to infrastructure, aims to enhance the resilience and capacity of CSX's network, enabling efficient freight movement across the country. Key improvements include the rebuilding of bridges, installation of new rail piles, and strengthened structures to mitigate future weather impacts. CSX's leadership emphasized the importance of this recovery effort for local communities and the national supply chain, highlighting the company's commitment to safety and sustainability throughout the project.
Potential Positives
- The reopening of the Blue Ridge Subdivision strengthens CSX's network resiliency and capacity, enhancing the efficiency of freight transportation across the country.
- This restoration project, one of the largest in CSX's history, demonstrates the company's commitment to recovery, sustainability, and partnership with local communities and agencies.
- The upgrades made to the infrastructure, including modern designs and reused materials, reflect CSX's initiative towards sustainability and resilience against future weather impacts.
- CSX maintained strong service levels throughout the disruptions caused by Hurricane Helene, showcasing the company's operational resilience and adaptability in crisis situations.
Potential Negatives
- The press release highlights the significant damage caused by Hurricane Helene and the lengthy recovery process, suggesting vulnerabilities in CSX's infrastructure and disaster preparedness.
- The scale of the recovery project, described as one of the largest in CSX's history, may indicate prior underinvestment in maintenance and resiliency planning.
- The detailed statistics on man hours and materials used could imply that the disruption had a substantial operational impact and resource allocation strain on the company.
FAQ
What is the significance of the Blue Ridge Subdivision reopening?
The reopening supports freight movement, strengthens CSX's network resiliency, and connects Appalachian communities to the national freight network.
How did Hurricane Helene affect the Blue Ridge Subdivision?
Hurricane Helene destroyed large portions of the freight line, necessitating extensive recovery efforts for nearly a year.
What upgrades were made to the Blue Ridge Subdivision?
Upgrades include rebuilt bridges, improved drainage systems, and the laying of 35,500 linear feet of new track.
How many man hours were spent restoring the Blue Ridge Subdivision?
Over 570,000 man hours were worked by CSX employees, contractors, and suppliers to restore the line.
Who collaborated with CSX on the restoration project?
CSX worked with state and federal agencies, environmental specialists, and local communities to ensure a successful restoration.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CSX Congressional Stock Trading
Members of Congress have traded $CSX stock 8 times in the past 6 months. Of those trades, 3 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $CSX stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN has traded it 2 times. They made 1 purchase worth up to $50,000 on 05/13 and 1 sale worth up to $50,000 on 04/08.
- REPRESENTATIVE JEFFERSON SHREVE has traded it 2 times. They made 1 purchase worth up to $50,000 on 04/17 and 1 sale worth up to $50,000 on 05/12.
- REPRESENTATIVE BRUCE WESTERMAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 04/08 and 1 sale worth up to $15,000 on 04/21.
- SENATOR TOMMY TUBERVILLE sold up to $50,000 on 04/15.
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/08.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$CSX Hedge Fund Activity
We have seen 668 institutional investors add shares of $CSX stock to their portfolio, and 818 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 19,822,655 shares (-26.0%) from their portfolio in Q2 2025, for an estimated $646,813,232
- LAZARD ASSET MANAGEMENT LLC added 10,074,994 shares (+41.3%) to their portfolio in Q2 2025, for an estimated $328,747,054
- QUBE RESEARCH & TECHNOLOGIES LTD removed 8,053,117 shares (-78.9%) from their portfolio in Q2 2025, for an estimated $262,773,207
- HOLOCENE ADVISORS, LP added 7,313,115 shares (+inf%) to their portfolio in Q2 2025, for an estimated $238,626,942
- PRICE T ROWE ASSOCIATES INC /MD/ added 6,815,219 shares (+26.8%) to their portfolio in Q2 2025, for an estimated $222,380,595
- TOMS CAPITAL INVESTMENT MANAGEMENT LP added 5,612,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $183,132,612
- MORGAN STANLEY removed 5,299,840 shares (-16.9%) from their portfolio in Q2 2025, for an estimated $172,933,779
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CSX Analyst Ratings
Wall Street analysts have issued reports on $CSX in the last several months. We have seen 14 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Baird issued a "Outperform" rating on 09/26/2025
- Wells Fargo issued a "Overweight" rating on 09/25/2025
- B of A Securities issued a "Buy" rating on 09/24/2025
- RBC Capital issued a "Outperform" rating on 09/18/2025
- Benchmark issued a "Buy" rating on 07/24/2025
- JP Morgan issued a "Overweight" rating on 07/24/2025
- Barclays issued a "Overweight" rating on 07/24/2025
To track analyst ratings and price targets for $CSX, check out Quiver Quantitative's $CSX forecast page.
$CSX Price Targets
Multiple analysts have issued price targets for $CSX recently. We have seen 18 analysts offer price targets for $CSX in the last 6 months, with a median target of $38.0.
Here are some recent targets:
- Daniel Moore from Baird set a target price of $39.0 on 09/26/2025
- Bascome Majors from Susquehanna set a target price of $34.0 on 09/25/2025
- Christian Wetherbee from Wells Fargo set a target price of $40.0 on 09/25/2025
- Ken Hoexter from B of A Securities set a target price of $40.0 on 09/24/2025
- Walter Spracklin from RBC Capital set a target price of $39.0 on 09/18/2025
- Fadi Chamoun from BMO Capital set a target price of $38.0 on 08/18/2025
- Nathan Martin from Benchmark set a target price of $40.0 on 07/24/2025
Full Release
JACKSONVILLE, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today celebrated the reopening of the Blue Ridge Subdivision, nearly a year to the day after Hurricane Helene destroyed large portions of the freight line. Together with its partners, CSX restored the key 60-mile corridor damaged by Hurricane Helene within the Blue Ridge Subdivision that carries more than 14 million tons of freight each year and connects Appalachian communities and businesses to the nation’s broader freight network.
The Blue Ridge Subdivision is one of four North-South routes in the CSX network, serving not only local customers but also acting as a critical throughway for the entire system. Its restoration strengthens CSX’s network resiliency, providing added capacity and flexibility to keep freight moving efficiently across the country.
“Restoring this vital freight corridor is a testament to resilience, recovery, and the power of partnership,” said Steve Angel, President and CEO of CSX. “This is a significant moment for CSX, for the communities of Tennessee and North Carolina, and for everyone who has worked tirelessly over the past year to ensure that freight rail is once again moving safely and reliably through the Nolichucky Gorge, making sure that CSX’s network emerges stronger than ever, and that it’s better positioned to serve customers, communities, and the national economy.”
Upgrades to the Subdivision include the rebuilt 530‑foot Poplar Bridge with a modern ballast‑deck design for better clearance and mitigating future potential weather impacts. Four out of the six original 95-foot spans were salvaged and reused, reflecting CSX’s commitment to sustainability.
CSX also rebuilt the Devil’s Creek bridge which crosses the state line between North Carolina and Tennessee, reinforced key structures such as retaining walls, and upgraded drainage systems throughout the entire Nolichucky Gorge and in several locations outside of the Gorge.
Restoring the Blue Ridge Subdivision was one of the largest rail recovery projects in CSX’s history. Key facts include:
- Over 570,000+ man hours worked to restore the line (CSX employees, contractors and suppliers).
- 1 million cubic yards of rock and material used to rebuild embankments and track beds.
- 575 rail piles and 1,150 precast concrete panels installed to construct a nearly one mile retaining wall south of Poplar.
- 21,000 cubic yards of concrete placed to strengthen structures.
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35,500 linear feet of new track laid in the Nolichucky River gorge.
“Even as Hurricane Helene disrupted operations, CSX’s network proved resilient,” said Mike Cory, Executive Vice President and Chief Operating Officer of CSX. “The company maintained strong service levels across its broader system throughout unforeseen natural disasters, adapting quickly to challenges and ensuring essential goods for the nation kept moving. Now, with the reopening of the Blue Ridge Subdivision, CSX’s network is stronger and more resilient to disruption than ever before.”
CSX worked closely with state and federal agencies, environmental specialists, and local communities to complete the restoration. The effort prioritized safety, sustainability, and resilience to ensure the Blue Ridge Subdivision remains a critical link in America’s supply chain for decades to come.
About CSX
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com . Like us on Facebook ( http://facebook.com/OfficialCSX ) and follow us on X, formerly known as Twitter ( http://twitter.com/CSX ).
Contact
:
Matthew Korn, CFA, Investor Relations
904-366-4515
Austin Staton, Corporate Communications
855-955-6397