October 18, 2013 | CSX, Headlines
(Source: CSX press release, October 17, 2013) JACKSONVILLE, Fla. — CSX Corporation (CSX) and its transportation and intermodal terminals subsidiaries today announced plans to design and build a new intermodal facility in McKees Rocks and Stowe Township, Pa., near...
October 18, 2013 | CSX, Headlines
(Source: Associated Press, October 17, 2013) OMAHA, Neb. — CSX Corp. remains optimistic the railroad’s profits will improve over the next two years even though coal demand has remained stubbornly weak. Officials at the Jacksonville, Fla.-based railroad said...
October 17, 2013 | CSX, Headlines
(Source: WFMJ, October 16, 2013. BLET Editor’s Note: Bab Hagan is a member of BLET Division 757 and a CSX locomotive engineer.) COLUMBUS, Ohio — Wearing a railroad engineer’s cap and standing in front of smoke belching steel plants, State Representative...
October 16, 2013 | CSX, Headlines
(Source: Bloomberg Business Week, October 15, 2013) WASHINGTON, D.C. — CSX Corp. unexpectedly boosted its full-year profit forecast as the biggest railroad in the eastern U.S. bets on intermodal freight to help stanch declines in shipments of coal, its largest cargo....
October 16, 2013 | CSX, Headlines, Quarterly Income
(Source: Associated Press, October 15, 2013) OMAHA, Neb. — CSX says it delivered a 2 percent profit increase in the third quarter as the railroad operator’s overall revenue rose despite disappointing coal revenue. The results beat Wall Street expectations, and the...
October 16, 2013 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 15, 2013) JACKSONVILLE, Fla. — CSX Corporation today announced third-quarter net earnings of $463 million, or $0.46 per share, up from $455 million, or $0.44 per share, in the same period last year. This performance was supported by...
October 15, 2013 | CSX, Headlines
(Source: Baltimore Sun, October 15, 2013) BALTIMORE, Md. — Driven by a surge of opposition from people who live in Southwest Baltimore, several city leaders have withdrawn support for a major CSX Transportation rail facility proposed for the area. Full story:...
October 4, 2013 | CSX, Headlines, Short Line
(Source: Courier-Journal, October 3, 2013) COLUMBUS, Ind. — The Louisville & Indiana Railroad, which owns a rail line that cuts through southern Indiana, is planning a $90 million project to replace an aging bridge and make improvements over more than 100 miles...
October 4, 2013 | CSX, Headlines
(Source: Progressive Railroading, October 3, 2013) Pennsylvania Gov. Tom Corbett and Philadelphia Energy Solutions (PES) officials on Tuesday marked the opening of a new CSX Transportation-served rail unloading facility at a Philadelphia refinery. Full story:...
October 3, 2013 | CSX, Headlines
(Source: CSX press release, October 2, 2013) JACKSONVILLE, Fla. — Earlier today, the board of directors of CSX Corporation approved a $0.15 per share quarterly dividend on the company’s common stock. The dividend is payable on December 13, 2013, to shareholders...