January 30, 2025 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 23, 2025) On January 23, 2025, CSX Corp. announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882...
December 17, 2024 | Amtrak, BNSF, CSX, Headlines, NS, UP
(Source: Trains.com, December 17, 2024) Railroads appear to have the manpower resources they need to handle volume growth as we head into the New Year. Three of the country’s six Class I railroads have more train and engine (T&E) employees than they did a year...
December 5, 2024 | CSX, Headlines, PSR
(Source: Trains.com, December 4, 2024) The number of hump yards operating in North America has dropped precipitously over the decades. Today there are 36 active hump yards operated by the big six Class I systems and terminal and switching railroads. That’s down from...
December 5, 2024 | CSX, Headlines, NS, Supreme Court
(Source: Reuters, December 4, 2024) Freight rail giant CSX has asked the U.S. Supreme Court to revive its lawsuit accusing rival Norfolk Southern of denying access to a key East Coast terminal, costing CSX hundreds of millions of dollars in lost profits. CSX said in...
October 23, 2024 | CPKC, CSX, Headlines, Mexico, STB
(Source: Supply Chain Dive, October 22, 2024) A new CSX and Canadian Pacific Kansas City interchange will connect shippers to Mexico, Texas and the Southeast U.S., according to an Oct. 17 press release. The two railroads received approval from the Surface...
October 21, 2024 | CSX, News, Top News, Whistleblower
An administrative law judge at the U.S. Department of Labor has ordered CSX Transportation to pay a total of $453,510 to two BLET members who were wrongfully terminated for exercising their federally protected rights to report workplace safety concerns. The decision...
October 17, 2024 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 16, 2024) CSX Corp. today announced third quarter 2024 operating income of $1.35 billion compared to $1.27 billion in the prior year period. Net earnings were $894 million, or $0.46 per diluted share, compared to $828 million, or...
October 2, 2024 | CN, CPKC, CSX, DOL, DOT, News, Top News
Acting Secretary of Labor Julie Su. Department of Labor photo ____________________ On September 25, U.S. Transportation Secretary Pete Buttigieg and U.S. Department of Labor Acting Secretary Julie Su sent letters to the CEOs of three Class I freight railroads — CPKC,...
October 1, 2024 | CSX, Fatality, News, Railroad Safety, Top News
The BLET continues to expose the dangers of remote control train operations after three tragic pedestrian incidents — including a fatality — in Buffalo, New York. The lead story on Page 1 of the September 22 issue of the Buffalo News says it all: “Driverless trains...
October 1, 2024 | CSX, Headlines, Weather
(Source: Trains.com, September 28, 2024) CSX Transportation’s ex-Clinchfield Railroad mainline has seen devastating impacts from Hurricane Helene’s once-in-a-generation flood. It is still too early to determine the full extent of damages, but photos along the famed...