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Northrop Grumman, CSX Making pre-sequestration donations

(Source: Bloomberg, February 15, 2013) NEW YORK — No sooner had the 2012 election ended than Northrop Grumman Corp. and CSX Corp. set their sights on the looming budget cuts and the 2014 campaign. Northrop’s political action committee contributed $17,500 in December...

CSX Corporation declares quarterly dividend

(Source: CSX press release, February 13, 2013) JACKSONVILLE, Fla. — Earlier today, the board of directors of CSX Corporation approved a $0.14 per share quarterly dividend on the company’s common stock. The dividend is payable on March 15, 2013, to shareholders of...

Rockslide causes CSX derailment in Virginia

(Source: Exponent-Telegram, February 9,10, 2013) GORE, Va. — A CSX locomotive and about five freight cars carrying coal derailed Saturday in Gore because of a rock slide, according to multiple sources. Full story: Exponent Telegram

CSX plans $26 million track upgrade in Rockland

(Source: The Journal News, February 3, 2013) CSX Corp. plans to build a second railroad track in spanning parts of Haverstraw and Stony Point as part of a $26 million expansion of its 130-mile freight rail line. Full story: The Journal News

CSX plans new intermodal facility in Quebec

(Source: CSX press release, January 25, 2013) JACKSONVILLE, Fla. — CSX Corporation (CSX) and its transportation and intermodal terminals subsidiaries today announced an expansion of the company’s intermodal presence in the greater Montreal region and Quebec. CSX’s...