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CSX’s Eliasson: “Meaningful margin expansion”
Speaking at the Bank of America Merrill Lynch 2015 Transportation Conference in Boston on May 14, 2015, CSX Chief Financial Officer Fredrik Eliasson said that, for the full year, CSX…
CSX announces Chemical Safety Excellence Awards
CSX on May 4, 2015 announced the winners of its 21st annual Chemical Safety Excellence Award, recognizing 70 customers for their commitment to the safe transportation of hazardous materials by…
RBMN hires V.P. Transportation & Safety
Reading, Blue Mountain & Northern (RBMN) Railroad appointed Thomas Cook as Vice President Transportation and Safety, the company announced on April 13, 2015.
CSX: Double-digit net earnings and EPS growth in 1Q15
CSX posted first-quarter 2015 net earnings of $442 million, an 11% increase from $398 million in the same period last year, and generated earnings per share of $0.45, a 13%…
STB approves Louisville-Indianapolis track upgrade
Anacostia Rail Holdings (ARH) and CSX have announced that the U.S. Surface Transportation Board has approved a joint proposal by ARH subsidiary Louisville & Indiana Railroad (L&I) and CSX to…
Supreme Court sends tax dispute back home to Alabama
In a case involving CSX Transportation, the United States Supreme Court ruled Wednesday, March 4, 2015 that the State of Alabama should be given the chance to justify a fuel…
Oil train mishaps reveal tank car strengths and limitations
Two same-day derailments of crude oil trains in Canada and a third in West Virginia two days later illustrate the strengths and limitations of the newest general-purpose tank cars plying…
CSX, David Ragan pair up for third straight year
Front Row Motorsports and CSX will partner for a third straight season in 2015, returning the railroad’s “Play It Safe” public service message to David Ragan’s No. 34 Ford Fusion…
Oscar Munoz named CSX President
CSX Corp.'s Board of Directors unanimously has elected Oscar Munoz as the corporation's president, overseeing operations, sales and marketing, human resources, service design, and information technology.
CP's next move?
A bid for CSX does not suggest that all of CP's growth potential lies eastward.
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