February 8, 2023 | CSX, Headlines, Unions
(Source: Associated Press, February 8, 2023) Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time. CSX announced a deal Tuesday with two of its 12 unions, becoming the...
February 8, 2023 | Amtrak, CSX, Headlines, NS, STB
(Source: Progressive Railroading, February 6, 2023) Amtrak train crews this week will begin required training for future operation of its new Gulf Coast passenger-rail service between Mobile, Alabama, and New Orleans. Full story: Progressive...
January 31, 2023 | CSX, Headlines
(Source: Reuters, January 30, 2023) CSX Transportation Inc has lost another key ruling in its antitrust lawsuit seeking greater access to a large Virginia port, after a U.S. judge said he had no power to issue an injunction against rival freight rail operators that...
January 31, 2023 | Amtrak, Commuter Rail, CSX, Headlines
(Source: CNN, January 30, 2023) Long-needed improvements are coming to train travel along the nation’s busy Northeast Corridor, thanks in part to the federal infrastructure funding package that President Joe Biden signed into law in the fall of 2021. The president is...
January 30, 2023 | Amtrak, CSX, Headlines
(Source: Associated Press, January 30, 2023) Ulysses S. Grant was still president when workers finished the Baltimore and Potomac Tunnel, which connected Philadelphia and Washington through rail travel for the first time. But 150 years later, the tunnel that runs...
January 26, 2023 | CSX, Headlines, Quarterly Income
(Source: Associated Press, January 26, 2023) CSX hauled in 9% more profit in the fourth quarter as the railroad hauled less cargo but charged higher shipping rates and tacked on more fuel surcharges. The railroad said Wednesday that it earned $1.02 billion, or 49...
January 26, 2023 | CSX, Headlines, Quarterly Income
(Source: Trains Magazine, January 25, 2023) CSX Transportation reported strong fourth-quarter earnings on Wednesday and, despite signs of an economic slowdown, said it expected to gain volume this year thanks to ongoing service improvements. Full story: Trains...
January 26, 2023 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 25, 2023) JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2022 operating income of $1.46 billion compared to $1.37 billion in fourth quarter 2021. Net earnings of $1.02 billion, or $0.49 per share, compared to $934...
January 18, 2023 | BNSF, CSX, Headlines, NS, Ports, PSR, Shippers, UP
(Source: Freight Waves, January 16, 2023) The near-term future of freight rail might be one marked by collaboration, whether that’s through private or public partnerships among other supply chain stakeholders or between the railroads themselves as they compete against...
January 5, 2023 | CSX, Headlines, NS
(Source: Reuters, January 4, 2023) A U.S. judge in Virginia on Tuesday blocked freight carrier CSX Transportation Inc from pursuing federal antitrust claims alleging a top rail industry rival has cost it hundreds of millions of dollars in damages in lost customer...
