October 24, 2014 | CSX, Headlines
(Source: Associated Press, October 23, 2014) ROME, N.Y. — Sen. Charles Schumer is joining local officials in central New York to urge CSX Transportation to repair two train trestles that have become community eyesores and potentially dangerous. Full story:...
October 23, 2014 | CP, CSX, Headlines
(Source: Associated Press, October 21, 2014) OMAHA, Neb. — CSX railroad’s top executive said Wednesday regulators are likely to be reluctant about consolidation among the major industry players because they remain concerned about service. Full story:...
October 22, 2014 | CSX, Headlines, NTSB
(Source: Baltimore Sun, October 21, 2014) BALTIMORE, Md. — CSX Transportation and Alban Waste LLC have reached a confidential settlement in a lawsuit brought by the railroad after an Alban truck collided with a CSX freight train in Rosedale in 2013. An accident...
October 22, 2014 | CP, CSX, Headlines
(Source: Reuters, October 21, 2014) NEW YORK — Canadian Pacific Railway Ltd is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp failed, though a hostile bid is unlikely, Chief Executive Hunter Harrison said on...
October 22, 2014 | CP, CSX, Headlines
(Source: Globe and Mail, October 21, 2014) TORONTO — The chief executive of Canadian Pacific Railway Ltd. says the industry needs mergers to address the growing threat of rail gridlock, and he wouldn’t rule out CP as a takeover candidate. Full story: Globe and...
October 21, 2014 | CP, CSX, Headlines
(Source: Globe and Mail, October 20, 2014) MONTREAL — Canadian Pacific Railway Ltd.’s chief executive officer, Hunter Harrison, is pondering the next move in his bid to build a transcontinental network now that talks with potential takeover target CSX Corp. have...
October 20, 2014 | CP, CSX, Headlines
(Source: New York Times, October 20, 2014) NEW YORK — Merger talks between the Canadian Pacific Railway and the CSX Corporation have ended, stifling an effort to create a $60 billion giant during a boom time for the railroad industry. Canadian Pacific confirmed the...
October 17, 2014 | CSX, Headlines
(Source: Tampa Tribune, October 16, 2014) WINTER HAVEN, Fla. — CSX Corp. on Thursday celebrated the official grand opening of a new transportation hub here that will allow trucks and trains to exchange goods for distribution across the state. Full story: Tampa...
October 17, 2014 | CSX, Headlines
(Source: Journal of Commerce, October 15, 2014) WASHINGTON, D.C. — According to the Journal of Commerce, CSX Transportation expects growth in domestic intermodal for many years ahead. The railroad expects the growth to be driven in part by highway-to-rail conversions,...
October 17, 2014 | CSX, Headlines
(Source: Forbes, October 16, 2014) NEW YORK — CSX Corporation, a leading railroad in the eastern U.S., reported its third quarter earnings on October 15. The company’s revenue grew 7.9%, to reach $3.2 billion on strong volume growth across commodities. However,...
