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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…
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…
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