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CSX to consolidate operating divisions
As CSX “continues to match network resources to business demand and drive additional efficiency,” the company announced Jan. 19, 2016 that it is consolidating its operations administration from ten divisions…
Jason Seidl: Notable changes at NS; recession fears grip CSX shares
Norfolk Southern’s Jan. 12, 2015 announcement about consolidating its Pocahontas and Virginia divisions “is notable,” and CSX is facing “continued industrial challenges,” according to Cowen and Company Managing Director and…
CSX calls fourth-quarter, full-year earnings "solid"
CSX Corporation on Jan. 12, 2016 announced fourth-quarter 2015 net earnings of $466 million, a 5% decline from $491 million in the same period of 2014, or $0.48 per share,…
CSX names new sales, marketing leaders
CSX has appointed key leaders in the Sales and Marketing organization as it continues to focus on enhancing customer relationships and encouraging profitable growth, the company announced Jan. 11, 2016.…
CSX customers invest more than $2.2 billion in 2015
In 2015, CSX worked with its customers to locate 107 new plants or expanded facilities on its rail network or its connecting short line partners, the railroad announced Jan. 7,…
CSX celebrates construction of Pittsburgh Intermodal Rail Terminal
CSX joined with Allegheny County officials, local and state partners and members of the Stowe Township and McKees Rocks communities on Dec. 4, 2015 to celebrate the construction of the…
CSX CFO discusses 2015 performance, 2016 outlook
CSX Chief Financial Officer Frank Lonegro on Nov. 10, 2015 reinforced the company’s 2015 guidance and outlined expectations for key markets in 2016 at the Baird Industrial Conference in Chicago,…
Yoho visists Balfour Beatty Rail
On Nov. 12, 2015, Railway Engineering-Maintenance Suppliers Association (REMSA) member Balfour Beatty Rail hosted Congressman Ted Yoho (R-Fla.) for a tour of its Jacksonville, Fla., facility and discussed public policy…
CSX reports record third-quarter earnings
With quarterly operating income of $933 million, an operating ratio of 68.3%, and net earnings of $507 million, CSX posted record financial results for the third quarter of 2015.
CSX, mechanical unions reach tentative agreement
CSX Corporation and two leading mechanical unions, the International Association of Machinists and Aerospace Workers (IAM) and the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART), announced…
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