CSX News & Events

CSX (CSX) announced that it has signed a $670M deal with Wabtec Corporation (WAB) to upgrade its fleet with 100 new Evolution Series locomotives, 50 modernized locomotives, and a suite of digital solutions and services. The new Evolution Series locomotives will support CSX's fleet by improving fuel efficiency, tractive effort, and overall reliability. The locomotives are designed to reduce fuel consumption while maintaining performance for long-haul and heavy-duty operations. In addition, CSX will modernize aging D9 locomotives by converting them from DC to AC traction. These upgrades extend service life, improve fleet standardization, and enable the use of advanced control and diagnostic technologies, with expected improvements in fuel efficiency, tractive effort, and reliability. The order also includes digital capabilities designed to support more efficient locomotive operations. The new and modernized locomotives will be equipped with Trip Optimizer with Smart Horsepower per Ton, an EPA-certified system intended to support fuel efficiency.

CSX announced that Executive Vice President and Chief Administrative Officer, CAO, Diana Sorfleet will retire from the company. Riz Chand is appointed Chief Human Resources Officer, CHRO, effective February 23, 2026, and will report directly to President and Chief Executive Officer, Steve Angel. Chand comes to CSX from AEA Investors

Notable gainers among liquid option names this morning include Fortinet (FTNT) $83.47 +5.85, CSX (CSX) $37.18 +1.40, Advanced Micro Devices (AMD) $262.91 +9.18, CF Industries (CF) $92.34 +3.11, and Valero (VLO) $193.29 +6.40.