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Posts published in “Day: January 17, 2019”

Machine vision to support autonomous trains

Machine vision to support autonomous trains 17 Jan 2019 CHINA: US-based visual perception technology company PerceptIn has worked with rolling stock manufacturer CRRC to develop a long-range machine vision device for high speed trains which it says can automatically detect obstacles up to 1 000 m ahead, providing autonomous driving systems with the time needed to…

CSX shares fall after the railroad operator forecast less robust revenue growth for 2019

CSX on Wednesday reported quarterly profit that topped Wall Street's expectations.Shares fell 2 percent, however, after the No. 3 railroad operator forecast less robust revenue growth for 2019.CSX forecast low single-digit revenue growth for 2019 on the heels of 7.4 percent growth last year. Luke Sharrett | Bloomberg | Getty Images A CSX coal train…

UPDATE 1-CSX beats profit forecast, but stock down on outlook

(Adds details on results, forecasts, company comment) LOS ANGELES, Jan 16 (Reuters) - CSX Corp on Wednesday reported quarterly profit that topped Wall Street's view, but shares fell 2 percent after the No. 3 railroad operator forecast less robust revenue growth for 2019. Cooling economies in Asia and Europe are roiling global stock markets and…