April 17, 2015 | CSX, Headlines, Oil Train
(Source: McClatchy News Service, April 16, 2015) WASHINGTON, D.C. — Outlet valves underneath four tank cars in a February oil train derailment in West Virginia were sheared off and the 50,000 gallons of crude oil they released ignited in a fire that subsequently...
April 16, 2015 | CSX, Headlines, NS
(Source: Reuters, April 15, 2015) NEW YORK — Low oil prices and the strong U.S. dollar made for a somewhat painful first quarter for major U.S. railroads CSX Corp and Norfolk Southern Corp., and may continue to weigh on their profits. Both companies derive about a...
April 16, 2015 | CSX, Headlines
(Source: Platts, April 15, 2015) HOUSTON — High utility coal stockpiles, the low price of natural gas and a continued decline in international demand is putting a crimp on CSX’s coal business, railroad officials said Wednesday during an earnings conference call....
April 16, 2015 | CSX, Headlines
(Source: Associated Press, April 16, 2015) OMAHA, Neb. — CSX says the railroad won’t deliver the double-digit profit growth it promised this year because coal demand remains weak. Executives remain optimistic about the railroad’s prospects because service...
April 15, 2015 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 14, 2015) JACKSONVILLE, Fla. — CSX Corporation today announced first-quarter 2015 net earnings of $442 million, an 11 percent increase from $398 million in the same period last year. The company also generated earnings per share of...
April 15, 2015 | CSX, Headlines
(Source: Associated Press, April 14, 2015) OMAHA, Neb. — CSX Corp.’s first-quarter profit grew 11 percent as it benefited from lower fuel costs, and the railroad announced plans Tuesday to repurchase $2 billion of stock. CSX reported $442 million in net income,...
April 13, 2015 | CSX, Headlines, Short Line
(Source: CSX press release, April 10, 2015) CHICAGO, Ill. and JACKSONVILLE, Fla. — Anacostia Rail Holdings (ARH) and CSX today announced that the U.S. Surface Transportation Board has approved a joint proposal by ARH’s subsidiary, Louisville & Indiana Railroad...
April 8, 2015 | CSX, Headlines
(Source: Washington Post, April 7, 2015) WASHINGTON, D.C. — A District Court judge has denied a petition to stop the reconstruction of the Virginia Avenue tunnel in Southeast Washington. Full story: Washington Post
April 6, 2015 | CSX, Headlines
(Source: Associated Press, April 1, 2015) HENRICO, Va. — A CSX Transportation worker has died after being struck by a train at a rail yard in Henrico County. Full story: WTOP.com
March 25, 2015 | CSX, Headlines, NTSB
(Source: National Transportation Safety Board press release, March 24, 2015) WASHINGTON, D.C. — The National Transportation Safety Board today issued its final report on the Feb. 20, 2014 accident in Jesup, Ga., in which a crew member was killed during the filming of...
