FRA Certification Helpline: (216) 694-0240

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...

Rail giants CSX and Norfolk Southern both beat expectations

(Source: Business Insider, January 22, 2013) NEW YORK — Rail giant CSX announced Q4 earnings of $0.43 per share, which is higher than the $0.39 per share expected. Norfolk Southern also announced earnings better than expected. Earnings came in at $1.30 per share....