May 29, 2015 | CSX, Headlines
(Source: Trefis, May 29, 2015) NEW YORK — Prices of coal and fuel have been fluctuating for quite some time now. For railroad operator CSX, the price movements of these commodities have a significant impact on its income statement. Coal is the single largest revenue...
May 26, 2015 | CSX, Headlines
(Source: Baltimore Sun, May 22, 2015) BALTIMORE, Md. — Nearly 20 years ago, Gov. Parris N. Glendening had lunch with the chief executive of CSX to pitch the railroad chief on investing $40 million to expand the Howard Street Tunnel and another one in Harper’s...
May 14, 2015 | Amtrak, CSX, Headlines
(Source: Reuters, May 13, 2015) NEW YORK — CSX says its rail operations are not experiencing any “significant delays” in the Philadelphia area Wednesday following an Amtrak derailment Tuesday. CSX’s mainline is not in the vicinity of the Amtrak...
May 5, 2015 | CSX, Headlines
(Source: Washington Post, May 4, 2015) WASHINGTON, D.C. — The Committee of 100 on the Federal City is appealing a District Court decision that denied its request to block reconstruction of the Virginia Avenue tunnel in Southeast Washington. Full story: Washington...
May 4, 2015 | Amtrak, CSX, Headlines
(Source: Associated Press, May 2, 2015) RALEIGH, N.C. — A lawsuit filed Friday by Amtrak and CSX alleges that a trucking company caused a March train derailment that injured 55 people by failing to take safety precautions or warn that the track was blocked. Full...
April 30, 2015 | CSX, Headlines, Oil Train
(Source: News & Advance, April 30, 2015) MOUNT CARBON, W.Va. — Derailments and subsequent tanker explosions are part of a growing trend of oil-by-rail accidents raising alarms across North America. The debate — focused on improving rail cars, maintaining track...
April 30, 2015 | CSX, Headlines, Oil Train
(Source: News & Advance, April 30, 2015) LYNCHBURG, Va. — CSX was planning to replace a section of its Lynchburg track after a high-tech inspection discovered a defect one day before the downtown derailment, according to a state official. Full story: News &...
April 29, 2015 | CSX, Headlines
(Source: Bloomberg, April 29, 2015) NEW YORK — Bullish options on railroad stocks including CSX Corp. have surged amid speculation that an activist investor is building a stake in one of the companies. Full story: Bloomberg
April 21, 2015 | CEO Pay, CSX, Headlines
(Source: The Legacy, April 20, 2015) NEW YORK — CSX Director Gilbert H. Lamphere sold 165,556 shares of the stock on the open market in a transaction that occurred on Friday, April 17. The stock was sold at an average price of $32.38, for a total value of...
April 21, 2015 | CSX, Headlines
(Source: Daily Record, April 20, 2015) JACKSONVILLE, Fla. — Even before Jacksonville-based CSX Corp. lowered its earnings expectations for this year, investors last week were already seeing warning signs that 2015 could be a tough year for the railroad industry. Full...
