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...
August 3, 2011 | CSX, Headlines
(Source: Frederick News Post, August 3, 2011) MONROVIA, CA — A New Jersey man is in critical condition after his car was struck by a train late Monday near Monrovia. According to the Frederick County Sheriff’s Office, David Callan, 47,of Stratford, N.J., entered...
August 3, 2011 | CSX, Headlines
(Source: Rail.co, August 2, 2011) LOUISVILLE, Ken. — CSX has announced that a privately-funded $15 million, 34-acre intermodal terminal will be constructed in Louisville, Kentucky. The terminal, which is to begin operations in early 2012, will provide efficient,...
August 2, 2011 | CSX, Headlines
(Source: WFMJ, August 2, 2011) NILES, Ohio – CSX appears to be getting everything back on track in Niles, after a train derailment on Saturday when 15 of 50 cars jumped the tracks. Trains were able to travel on the first track Monday morning after CSX made...
August 2, 2011 | CSX, Headlines
(Source: Progressive Railroading, August 2, 2011) LOUISVILLE, Kentucky – CSX Corp. and Louisville, Ky., officials recently announced the Class I plans to establish a $15 million, 34-acre intermodal terminal in the city by early 2012. The facility will be located...
August 1, 2011 | CSX, Headlines
(Source: WFMW, August 1, 2011) NILES, Ohio – “It’s something we’re never going to forget, truly.” That’s what Pat Cera is saying about the train derailment that happened around 3:00 p.m. Saturday afternoon. Pat Cera and his wife had been sitting on...
July 28, 2011 | CSX, Headlines
(Source: Barron’s, July 27, 2011) JACKSONVILLE, Fla. — Ellen Fitzsimmons, CSX general counsel and senior vice president of law and public relations, netted more than $8.1 million after selling shares of CSX stock earlier this week. Full story:...
July 27, 2011 | CSX, Headlines, High Speed Rail
(Source: Bloomberg News, July 27, 2011) WASHINGTON, D.C. — According to Bloomberg, CSX CEO Michael Ward is opposed to raising speed limits on CSX tracks to accommodate passenger trains. He told Bloomberg that: “You can’t make money hauling passengers, so...
July 22, 2011 | CSX, Headlines
(Source: Down Jones Newswires, July 20, 2011) NEW YORK — Dow Jones is reporting that CSX raised its hiring forecast for the second time this year, saying that it now expects to increase its work force by about 4% in 2011 compared to last year. Full story:...
July 21, 2011 | CSX, Headlines
(Source: Florida Times-Union, July 21, 2011) JACKSONVILLE, Fla. — In an interview with the Florida Times-Union, CSX CEO Michael Ward says he likes what he is seeing with the U.S. econonmy. Full story: Florida Times-Union
