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CSX restoration update for the Carolinas
CSX updated its restoration efforts post-Hurricance Matthew. Normal train operations have resumed to Savannah, Ga., Charleston, S.C. and Portsmouth, Va. The main line from Hamlet, N.C. to Charleston was next…
CSX third quarter: “Strong cost performance”
Citing “macroeconomic and energy headwinds impacting most markets,” CSX posted third-quarter 2016 net earnings of $455 million, or $0.48 per share, down from $507 million, or $0.52 per share, in…
CSX's Hurricane Action Plan
After Hurricane Katrina, CSX decentralized its dispatching operations to the individual divisions. Now for Hurricane Matthew, the company, headquartered in Jacksonville, Fla., watches closely whether the storm makes an unprecedented…
CSX approves quarterly dividend
On October 5, the Board of Directors of CSX Corporation approved its quarterly dividend on the company's common stock.
CSX updates third-quarter guidance
CSX Corporation Executive Vice President and Chief Financial Officer Frank Lonegro updated investors and analysts on Sept. 7, 2016 at the Cowen and Company 9th Annual Global Transportation Conference in…
Houfek from CSX to DCLI
Direct ChassisLink, Inc. (DCLI) announced that Ryan Houfek has joined the firm as Senior Vice President, Business Development.
So what does the “X” in “CSX” really mean?
Last December, in my From the Editor magazine column (“Time to choose a name,” December 2015), I attempted to explain how CSX was named.
CSX releases coal-impacted second quarter earnings
CSX on July 13th announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of…
CSX tops for IT employment
For the fourth consecutive year, CSX was named one of IDG Computerworld’s Best Places to Work in IT, ranking number 41 among large organizations.
CSX m/w, guided by COMPASS™
Protran Technology, a unit of Harsco Rail, has secured its first order from a U.S. Class I for its COMPASS™ railway asset location and awareness system.
CSX names senior operations leaders
CSX on May 23, 2016 announced several changes to key operational positions. All of the changes are effective June 1.
CSX announces senior leadership team changes
CSX Chairman and Chief Executive Officer Michael J. Ward announced a number of senior management changes on May 20, 2016, including the retirement July 1 of Lisa Mancini, Executive Vice…
CSX lands on Best Corporate Citizens List for fourth time
CSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the railroad’s] ongoing commitment to being a…
CSX replies in STB investigation of Amtrak on-time performance
In a letter to the Surface Transportation Board filed April 13, 2016, CSX contends that “giving Amtrak trains absolute priority over the old RF&P (Washington-Richmond right-of-way) upends commuter train operations,…
AAR names environmental award recipients
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
CSX weathers tough first quarter
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of…
CSX honors 78 customers with Chemical Safety Excellence Awards
CSX Corp. on April 6, 2016 announced the recipients of its 22nd annual Chemical Safety Excellence Award, recognizing 78 customers for their commitment to the safe transportation of hazardous materials…
OmniTRAX, ECIDA to develop hub served by CSX and NS
OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, and the Effingham County Industrial Development Authority (ECIDA) are…
GFRR deploys Railinc's Interline Settlement System
The Georgia & Florida Railway, LLC (GFRR), an affiliate of OmniTRAX, Inc., “continues to make shipping by rail easy” with the implementation of Railinc’s Interline Settlement System (ISS) in partnership…
CSX named one of World’s Most Admired Companies
For the sixth consecutive year, CSX Corporation has been named one of FORTUNE’s World’s Most Admired Companies, the company announced Feb. 24, 2016.
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