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CSX train hits car, tow truck on tracks near D.C.

(Source: Washington Post, March 18, 2012) WASHINGTON, D.C. — Riverdale Park police arrested a D.C. man on St. Patrick’s Day, alleging that he drove his car while intoxicated onto the railroad tracks in this Prince George’s County town and got stuck. The car and a tow...

Railroad stocks up at close of March 15 trading

(Source: Associated Press, March 15, 20102) NEW YORK — Shares of some top railroad companies were up at the close of trading, including CSX, which rose 8.5 percent, and Union Pacific, which rose 5.0 percent. Full story: CBS News

CSX sees record earnings despite coal slump

(Source: Reuters, March 15, 2012) NEW YORK — CSX Corp. projected record first-quarter earnings thanks to strong intermodal and merchandise business that will more than offset slumping coal consumption caused by warm winter weather and low natural gas prices, the...

Amtrak, CSX reach agreement on Empire Corridor line

(Source: Albany Times-Union, March 12, 2012) ALBANY, N.Y. — Amtrak will take control of the Empire Corridor from Poughkeepsie to Schenectady in early November after the line’s owner, CSX Corp., reached a lease agreement with the passenger rail service. Full...

Stock watch: Railroad stocks end down on March 2

(Source: Associated Press, March 2, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on Friday, March 2, including Union Pacific, which fell 0.6 percent, and CSX, which fell 1.6 percent. Full story: CNBC

Stock glance: Railroad companies mixed

(Source: Associated Press, February 29, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on February 29, including CSX, which fell 2.4 percent, and Canadian Pacific, which rose 0.7 percent. Full story:...

CSX reaches deal to build second track on Ocala

(Source: Ocala Star-Banner, February 28, 2012) OCALA, Fla. — The city of Ocala has agreed to give CSX Transportation Inc. land to build a second track in Ocala in exchange for safer crossings and the ability to apply for a “quiet zone” where the train horns will not...

Gas field shipments boosting railroads

(Source: Bloomberg News, February 17, 2012) NEW YORK — CSX Corp.’s projected 40 percent gain this year in deliveries of fracking sand used for natural gas drilling may blunt a decline in coal shipments, the biggest commodity business for North American railroads. Full...