September 12, 2011 | CSX, Headlines, NS
(Source: Journal of Commerce, September 9, 2011) WASHINGTON, D.C. — The Journal of Commerce is reporting that Tropical Storm Lee spread flooding up the mid-Atlantic region and into the Northeast over the weekend, disrupting freight rail operations in several states....
September 8, 2011 | CSX, Headlines
(Source: Reuters, September 7, 2011) NEW YORK — Hurricane Irene’s net hit to CSX Corp’s earnings came to $10 million to $15 million, the railroad’s chief financial officer estimated on Wednesday. Full story: www.reuters.com
September 1, 2011 | CSX, Headlines
(Source: CSX press release, August 31, 2011) JACKSONVILLE, Fla. — CSX has substantially cleared its track infrastructure affected by Hurricane Irene. However train service in the Mid-Atlantic and Northeast regions remains slow as recovery efforts continue, commercial...
August 31, 2011 | CSX, Headlines
(Source: CSX press release, August 29, 2011) JACKSONVILLE, Fla. — CSX announced today that a $59 million intermodal freight terminal expansion is underway in Columbus, Ohio. This terminal expansion is part of the National Gateway initiative, linking deep water east...
August 31, 2011 | CSX, Headlines
(Source: CSX press release, August 30, 2011) JACKSONVILLE, Fla. — Significant progress is being made in the restoration of freight rail service on storm-impacted areas of CSX. Employees have been working around the clock to clear debris, inspect infrastructure, make...
August 30, 2011 | CSX, Headlines
(Source: CSX press release, August 29, 2011) JACKSONVILLE, Fla. — CSX continues to recover from the impact of Hurricane Irene in the Mid-Atlantic and Northeast regions. The company’s freight operations are moving steadily toward full recovery, and commuter train...
August 19, 2011 | CSX, Headlines
(Source: Associated Press, August 17, 2011) WASHINGTON, D.C. — CSX spent nearly $1.1 million lobbying the federal government on high-speed rail, rail industry competition, new technology and coal waste-water legislation in the second quarter, according to the...
August 19, 2011 | CSX, Headlines
(Source: Investor Place, August 18, 2011) ROCKVILLE, Md. — According to the Investor Place website, the Bill & Melinda Gates Foundation recently boosted its stake in CSX by 188 percent to 4.6 million shares. Full story: www.investorplace.com
August 16, 2011 | CSX, Headlines, NS
(Source: www.FoxToledo.com, August 15, 2011) TOLEDO, Ohio — Norfolk Southern is opening a new rail line into a shipping port in Toledo, Ohio, joining CSX which had been the only rail carrier over the past 50 years. Officials in Toledo hope the additional rail line...
August 3, 2011 | CSX, Headlines
(Source: CSX press release, July 19, 2011) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter net earnings of $506 million, or $0.46 per share, versus $414 million, or $0.36 per share, in the same period last year. This represents a 28 percent...