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CSX CFO: Growth modest in 2014, robust in 2015
Despite the difficult winter conditions of the first quarter, CSX is positioned to capitalize on underlying economic strength and market opportunities in the balance of 2014 to grow earnings, Fredrik…
CSX CBR train derails in Virginia; no injuries reported
CSX workers and others on Thursday, May 1, 2014, continued to assess the damage caused by a crude-by-rail (CBR) consist that derailed near downtown Lynchburg, Va., Wednesday afternoon, resulting in…
SunRail prepares for operating debut
SunRail regional rail service will make an official debut Thursday, May 1, 2014, serving the Orlando, Fla., metropolitan area, one day after state and local officials marked the launch of…
CSX Safety Train ready to roll, targets CBR safety and first responders
CSX's Safety Train: Energy Preparedness Program, with rolling classrooms and specialized hands-on training, will soon take to the rails on an expanded first responder training initiative. The train will travel…
CSX 1Q earnings slip, but beat Street
CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the…
CSX 2013 Chemical Safety Excellence Awards
CSX on April 2, 2014 announced the winners of its 20th annual Chemical Safety Excellence Award, “representing dozens of customers recognized by CSX for their commitment to safe transportation of…
CSX Winter Haven intermodal terminal up and running
CSX affiliate Evansville Western Railway has begun operations at CSX Intermodal Terminals Inc.’s new Central Florida Intermodal Logistics Center (ILC) intermodal terminal in Winter Haven, Fla.
CSX 2013 Annual Report spotlights continued growth
“A combination of macro forces and strategic investments propelled CSX to strong performance despite the challenging external environment, including the slowly recovering economy and transformation in the energy markets. The…
“A solution looking for a problem”
Association of American Railroads President and CEO Ed Hamberger, participating in testimony before the U.S. Surface Transportation Board, has called the National Industrial Transportation League’s proposal to the STB to…
Sease named CSXT VP Corporate Communications
Gary T. Sease, who has spent the past 28 years at CSX Transportation in the Corporate Communications department, has been named Vice President of that department, effective March 30, 2014.
CSX: “More modest full-year earnings growth”
Speaking at the March 12, 2014 J.P. Morgan Aviation, Transportation and Industrials Conference in New York City, CSX Corp. Chief Financial Officer Fredrik Eliasson said the company expects full-year earnings…
Weather, wrecks, mechanical mayhem mar CSX, David Ragan Daytona debut
In NASCAR Sprint Cup competition at Daytona International Speedway, drivers and fans alike are always on the lookout for “The Big One,” that massive wreck-fest that takes drivers out of…
CSX J&L Tunnel project honored
CSX’s J&L Tunnel Modification Project in Pittsburgh has won the Project of the Year Award from the Engineers’ Society of Western Pennsylvania (ESWP) and the Diamond Award for Engineering Excellence…
CSX, David Ragan, Front Row Motorsports re-team for 2014 Sprint Cup season
After a successful season promoting public safety around railroad tracks with David Ragan in 2013, CSX will again partner with the race-winning driver and the Front Row Motorsports’ No. 34…
Empire Corridor gets federal fund boost
New York State will receive $18.5 million to relieve rail congestion in and around Syracuse, N.Y., an Amtrak station stop on right-of-way owned by CSX Corp.
2014 TRAFFIC AND SPENDING OUTLOOK: A capital year for suppliers
2013 has been a record year for the railroads, “a very robust and challenging year for growth and re-investment,” in the words of BNSF chief executive Matt Rose. The indications…
NJ House rep seeks more rail oversight
Rep. Robert E. Andrews (D-N.J.) has introduced a bill calling for independent oversight of railroads and particularly railroad infrastructure, arguing that U.S. freight railroads aren't pursuing adequate safety measures.
NS’s Barringer succeeds CSX’s Stayton as OLI board chair
William “Bill” Barringer, director of grade crossing safety at Norfolk Southern, has been named chairman of Operation Lifesaver's 14-member board of directors. Barringer succeeds Cliff Stayton, director of hazardous materials…
GE, CSX partner to advance LNG locomotives
CSX Corp. and GE Transportation announced an agreement Wednesday, Nov. 13, 2013, to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives, beginning with a pilot…
CSX CFO outlines railroad’s intermodal strategy
CSX Executive Vice President and Chief Financial Officer Fredrik Eliasson, in a presentation at the Baird Industrials Conference in Chicago, said that intermodal, “a key driver of growth,'’ now represents…
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