October 14, 2014 | CP, CSX, Headlines
(Source: Reuters, October 14, 2014) NEW YORK — Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd., but analysts said any such deal would face significant regulatory and...
October 14, 2014 | CP, CSX, Headlines
(Source: Reuters, October 12, 2014) NEW YORK — Canadian Pacific Railway Ltd has approached CSX Corp about merging the two North American railroad operators, according to the Wall Street Journal. Full story: Reuters
October 9, 2014 | CSX, Headlines
(Source: CSX press release, October 8, 2014) JACKSONVILLE, Fla. — Yesterday, the board of directors of CSX Corporation approved a $0.16 per share quarterly dividend on the company’s common stock. The dividend is payable on December 15, 2014, to shareholders of...
October 6, 2014 | CSX, Headlines, NS
(Source: The State Journal, October 5, 2014) CHARLESTON, W.Va. — The Heartland Corridor is one of two rail corridors in West Virginia that emphasizes cargo containers that move by ship, rail and truck. The Heartland Corridor runs from Norfolk, Virginia, to Chicago on...
September 23, 2014 | CSX, Headlines
(Source: Governing, September 22, 2014) WASHINGTON, D.C. — The U.S. Supreme Court will weigh in on whether state sales taxes on fuel — which do not apply to trucking companies and barge operators — unfairly discriminate against railroads. Full story:...
September 18, 2014 | CSX, Headlines, Quarterly Income
(Source: CSX press release, September 17, 2014) JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) will release third-quarter financial and operating results on Tuesday, October 14, 2014, after the market close. The company will host an earnings conference call at 8:30...
September 16, 2014 | CEO Pay, CSX, Headlines
(Source: Ticker Report, September 15, 2014) NEW YORK — CSX COO Oscar Munoz unloaded 37,500 shares of CSX stock on the open market in a transaction that occurred on Monday, September 15. The shares were sold at an average price of $31.50, for a total transaction of...
September 12, 2014 | CSX, Headlines
(Source: Washington Post, September 11, 2014) WASHINGTON, D.C. — A D.C. group says it will make one last shot — asking politely via a letter — at an indefinite delay of the Virginia Avenue Tunnel project. Failing that, the group says it will go to court to block the...
September 5, 2014 | CSX, Headlines
(Source: Los Angeles Times, September 3, 2014) LOS ANGELES — Legal troubles mounted for the producers of “Midnight Rider” this week as railroad company CSX Transportation sued the filmmakers, claiming that they illegally filmed on its tracks where a train...
August 29, 2014 | CSX, Headlines
(Source: Baltimore Sun, August 28, 2014) BALTIMORE, Md. — State officials have abandoned plans for a rail cargo facility in an economically depressed corner of West Baltimore, amid vocal opposition from residents and diminishing political will. With the state...
