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CSX, The Conservation Fund accepting grants for transporting healthy food
Applications are now being accepted for the 2015 Grant Program for Transporting Healthy Food, presented in partnership by CSX and The Conservation Fund.
GPA, CSX to establish Appalachian Regional Port
Governor Nathan Deal, the Georgia Ports Authority (GPA) and CSX Transportation signed a memorandum of agreement July 28, 2015 establishing the Appalachian Regional Port in Chatsworth, Ga. Its service will…
CSX doubles up for Brickyard 400
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The…
Eliasson to STB: Railroads are healthy; let’s keep them that way
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in…
CSX sets second-quarter financial record
With quarterly operating income of more than $1 billion, an operating ratio of 66.8%, and net earnings of $553 million, CSX posted record financial results for the second quarter of…
CSX spotlights 2014 social responsibility initiatives
CSX Corporation (CSX) launched on July 13, 2015 its fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting the company’s progress in 2014 toward goals related to business performance, employee…
Two CSX trains derail in Tennessee five days apart
Just five days after a CSX train car carrying acrylonitrile derailed in Maryville, Tenn. and caught on fire, four CSX train cars carrying mixed freight derailed and flipped over in…
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…
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