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...
January 4, 2023 | CN, CSX, Headlines, NS, STB, UP
(Source: Railway Age, January 3, 2023) CSX, Norfolk Southern (NS), Union Pacific (UP) and the U.S. operating subsidiaries of CN on Dec. 29 requested that the Surface Transportation Board (STB) stay its requirement that the Class I railroads commit to a new arbitration...
December 20, 2022 | CSX, Headlines
(Source: Progressive Railroading, December 19, 2022) CSX will implement a revised attendance policy for all craft employees effective Jan. 1, 2023. The revised policy is being implemented in response to concerns raised by craft employees and labor unions, CSX...
December 20, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Railfan & Railroad Magazine, December 19, 2022) Amtrak, CSX, Norfolk Southern, the Southern Rail Commission and the Port of Mobile, Ala., plan to spend $223 million on improvements to the rail line between New Orleans and Mobile as part of an effort to...
December 14, 2022 | CSX, Headlines
(Source: Reuters, December 13, 2022) Rail operator CSX Corp is changing its attendance policy for unexpected, short-term medical absences next year after U.S. railroads’ sick-time policies became a flashpoint in national labor talks. Under the new policy effective...
December 14, 2022 | CSX, Headlines, PSR, STB, UP
(Source: Railfan & Railroad Magazine, December 13, 2022) Following an outcry from railroaders and the public, it appears some of the nation’s Class I railroads are revising their employee attendance policies. Although it has yet to be seen if the changes will...
December 13, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: www.al.com, December 9, 2022) Amtrak’s return to the Gulf Coast will come in 2023, but few details are being disclosed about last month’s settlement in a case before a federal agency that could have national implications over how passenger rail is conducted...
November 29, 2022 | CSX, FRA, Headlines
(Source: Trains Magazine, November 28, 2022) CSX Transportation is awaiting regulatory approval to become the first railroad to use Trip Optimizer’s Zero-to-Zero function, which allows the advanced cruise control system to automatically start and stop freight trains....
