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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…
Biden, Foxx visit CSX Northwest Ohio Intermodal Terminal
Vice President Joe Biden and Secretary of Transportation Anthony Foxx visited CSX's Northwest Ohio Intermodal Terminal in Wood County on Wednesday, Nov. 6, 2013. The event was Biden’s most recent…
CSX’s Adkins wins AAR Environmental Excellence Award
The Association of American Railroads has awarded its highest honor for environmental professionals, the 2013 North American Environmental Employee Excellence Award, to CSX Manager of Environmental Remediation Matthew Adkins.
CSX Transportation launches new Intermodal website
CSXT Intermodal recently launched a new website that showcases the value of intermodal rail in today’s supply chains through videos and interactive tools.
CSX 3Q earnings up from 3Q12, beat Street
CSX Corp. Tuesday, Oct. 15, 2013 reported third-quarter net earnings of $463 million, or 46 cents per share, up from $455 million, or 44 cents per share, in the third quarter of…
Phase One of National Gateway completed
Phase One of the National Gateway—a doublestack clearance project connecting CSX’s existing intermodal terminal in Chambersburg, Pa., and its new, state-of-the-art Northwest Ohio Intermodal Terminal hub facility, has been completed…
Sustainability: It's not easy being green
Railroad industry participants in the 2013 GE Transportation/Norfolk Southern Railroad Sustainability Forum in Crotonville, N.Y., are learning that, although “it’s not easy being green,” investing time and resources into sustainability…
SEPTA to add West Trenton Line capacity
A $10 million TIGER grant will allow SEPTA to add six miles of track capacity to its West Trenton Line, SEPTA spokesman Andrew Busch affirmed Tuesday, Sept. 3, 2013.
CSX, EDF partner on energy savings
For the fourth consecutive year, CSX participated in the Environmental Defense Fund (EDF) Climate Corps, a program that pairs MBA student “fellows” with large corporations to design and support programs…
Ragan, CSX notch top-25 finish at Watkins Glen
David Ragan, driving the No. 34 Taco Bell/CSX Play It Safe Ford Fusion, earned a top-25 finish Sunday, Aug. 11, at the Cheez-It 355 at Watkins Glen International, one of…
U.S. Appeals Court reverses Class I price-fixing decision
Union Pacific Corp., CSX Corp., Norfolk Southern Corp., and Burlington Northern Santa Fe (a unit of Berkshire Hathaway Inc.) have won their bid to reverse a ruling that turned a…
CSX acquires Eastern Associated Terminal
CSX Corp. announced Tuesday, Aug. 7, the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The 22-acre phosphate export facility is adjacent to CSX…
David Ragan and CSX: Safe race at Indy. Perhaps TOO safe?
NASCAR Sprint Cup driver David Ragan and the CSX Ford Fusion brought the railroad’s “Play It Safe” safety message to Indianapolis Motor Speedway on Sunday, July 28. The campaign efforts…
David Ragan, CSX set to Play It Safe at Indianapolis
CSX and Sprint Cup Series driver David Ragan will take to the famed Brickyard to remind fans to “Play It Safe” around railroad tracks. CSX is the primary sponsor of…
CSX 2Q earnings beat Street
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents…
Midyear Report: Why investors turn to rail
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
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