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Is coal on a comeback?
With utility losses stabilizing and global demand still strong, carloads are edging upward.
FHWA approves CSX Virginia Avenue Tunnel project alternative
The Federal Highway Administration has approved a preferred construction alternative for CSX’s Virginia Avenue Tunnel project, enabling CSX to complete the tunnel’s design and initiate the construction permitting process.
Class I CEOs diverge on the merits of mergers
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
CSX awards Savage locomotive mobile fueling services contract
CSX has entered into an agreement with Savage for mobile locomotive fueling services at 30 sites across the CSX network in the eastern U.S.
CP + CSX: “No further talks are planned”
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
CSX posts record 3Q 2014 results
CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last…
What lurks behind the door Hunter Harrison opened?
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
CSX rejects CP merger proposal
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
CSX hosts first-responder CBR training at SERTC
Forty first-responders representing 30 communities around CSX’s railroad network have undergone crude-by-rail (CBR) incident response training at the Security and Emergency Response Training Center (SERTC) in Pueblo, Colo.
Eliasson: “CSX well-positioned for growth”
“As global freight demand increases and American highways remain overcrowded and underfunded, CSX is building on a proven track record of success for shareholders by capitalizing on growth opportunities across…
CSX launches Operation Respond
As part of an ongoing focus on community emergency preparedness and training, CSX is introducing “CSX Operation Respond,” a new mobile information system that it says “will enhance first responders’…
CSX to help fund Baltimore wall repair
CSX Transportation reportedy has agreed to pay up to $10 million to the city of Baltimore for costs related to rebuilding the 26th Street wall that collapsed last spring, spilling…
Record 2Q earnings, revenue, for CSX
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up…
CSX completes five-state Maintenance Jamboree
CSX has performed annual Maintenance Jamborees since 1999, when a machine operator coined the term “Jamboree” to describe the mass gathering of maintenance-of-way crews and equipment in one area. The…
CSX touts advances in corporate social responsibility
CSX’s 2013 Corporate Social Responsibility (CSR) Report “shows continued progress in 2013 on the company’s safety, environmental and community engagement initiatives,” according to Chairman, President and CEO Michael J. Ward.
AAR awards CSX employee top environmental honor
The Association of American Railroads has bestowed its highest environmental honor, the John H. Chafee Environmental Excellence Award, on Chris Durden, of CSX Intermodal Terminals.
FEIS issued for CSX Virginia Avenue Tunnel reconstruction
The Federal Highway Administration (FHWA) and the Washington, D.C. District Department of Transportation (DDOT) have released a Final Environmental Impact Statement (FEIS) for the proposed reconstruction of CSX’s Virginia Avenue…
SunRail rolling in central Florida
Central Florida’s new SunRail regional/commuter rail service has been in operation since May 1 along a 32-mile route comprised of 12 stations between DeBary and Sand Lake Road, near Orlando…
Taming the PTC elephant
The pressing issue for the railroad industry’s communications and signal engineers is whether or not Positive Train Control (PTC) is going to be complete and fully functional by the fast-approaching…
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…
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