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Lowering the bar one more time: Jason H. Seidl
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
AAR, Hyundai recognize CSX for exceptional motor vehicle service
The Association of American Railroads has recognized CSX and its wholly owned subsidiary Total Service Distribution, Inc. (TDSI) with an industry award for the highest-quality automotive ramp service performance in…
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.
CSX posts record 4Q, full-year results
CSX Corp. said late Tuesday, Jan. 13, 2015 it had notched record fourth-quarter net earnings of $491 million, or 49 cents per share, up 15% from $426 million, or 42…
CSX launches industrial development website
CSX has launched a new online portal to help its customers more easily access the resources they need to locate or expand facilities on CSX’s rail network: www.csxindustrialdevelopment.com.
CSX cites robust economic development efforts
In 2014, CSX and its customers collaborated on 107 projects to build or expand facilities on CSX’s network and short line partners.
CSX re-opens Chicago Locomotive Shop
CSX on Dec. 18, 2014 celebrated the re-opening of the Chicago Locomotive Shop at Barr Yard in Riverdale, Ill. The historic facility, which had been shut down in 1992, reopened…
CSX opens Montreal intermodal terminal
CSX has opened its new Valleyfield Intermodal Terminal in Salaberry-de-Valleyfield near Montreal, Quebec, expanding the railroad’s intermodal network capacity and offering Canadian customers domestic and international service that connects with…
“Aw shucks, we’re happy to help”
Ever hear of the Oyster Express? In the midst of a season filled with stories of railroads running special Santa trains all over the country to bring food, clothing, toys, and…
CSX CFO upbeat on 4Q, long term
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials…
CSX ranks high as military-friendly employer
CSX has been recognized as the sixth-most military-friendly employer on G.I. Jobs’ 2015 Top 100 Military Friendly Employers ranking, and the second-most military-friendly employer in the transportation industry. This is…
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