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— - 1 Hunt - 1 Dow Jones - 1 bullish seasonals - 1 J.B - 1 Shelley Simpson - 1 Robert Isom - 1 We're - 1
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Search resuls for: "CSX Transportation"


2 mentions found


☆ The Dow's transportation index is ringing alarm bells about the broader stock market
  + stars: | 2023-10-20 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +5 min
A decline in transportation stocks is sending a worrying signal about the broader stock market. Transportation stocks are viewed as a leading indicator because they point to the movement of goods around the country. AdvertisementAdvertisementA steady decline in transportation stocks is sending a worrying signal about the broader stock market and its chances to stage a year-end rally. If companies are seeing a slowdown in growth and their stock prices fall, it could be a grim warning for the rest of the economy and stock market. AdvertisementAdvertisementAnd if the latter happens, crucial support levels would be broken and investors' highly anticipated year-end rally in the stock market, partly explained by bullish seasonals, would be on thin ice.
Persons: —, Hunt, Dow Jones, bullish seasonals, J.B, Shelley Simpson, Robert Isom, We're, Isom, Joe Hinrichs, Hinrich, Dow, Manuel Blay, TheDowTheory.com, Dow Industrials Organizations: Service, Dow Jones Transportation, United Airlines, American Airlines, CSX Transportation, Dow, Industrial, CNBC, CSX Locations: Israel
☆ Two rail unions reach deal with CSX railroad for paid sick time
  + stars: | 2023-02-08 | by ( Vanessa Yurkevich | ) edition.cnn.com   time to read: +3 min
CNN —CSX Transportation announced Tuesday that it had reached a deal with two railroad unions regarding paid sick leave. It also allows members to use up to three personal leave days for sick leave, the two unions said. Eight unions voted to accept the tentative agreement negotiated by the Biden administration with no paid sick leave, while four voted it down. The unions asked for ten paid sick days initially — whittling down their ask to four. The three other major freight railroads — Union Pacific, BNSF and Norfolk Southern — do not currently have paid sick leave in place.
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