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CSX celebrates 40th anniversary of Earth Day

(CSX issued the following on April 16, 2010.) JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX), a leader among transportation companies in environmental stewardship, is celebrating the 40th anniversary of Earth Day with a week-long celebration around its network which...

CSX foresees all shipments rising in 2010

(The Associated Press circulated the following story by Samantha Bomkamp on April 17, 2010.) NEW YORK — Railroad CSX Corp. believes the economic recovery is sustainable, but it’s hedging that bet through small efficiency improvements that it hopes will counter...

CSX hikes Positive Train Control costs to $1.2 billion

(The following story by John D. Boyd appeared on the Journal of Commerce website on April 14, 2010.) WASHINGTON, D.C. — Eastern-U.S. railroad CSX Transportation now expects to spend $1.2 billion or more developing and installing the crash avoidance technology known as...

CSX workers bring smile to boy’s face with new bike

(The following story by Rick McCrabb appeared on the Middletown Journal website on April 16, 2010.) MIDDLETOWN, Ohio — They came to town to repair our railroad tracks. And in the process, they fixed our beliefs in humanity. On Wednesday, April 14, Levi Hensley, a...

CSX shares rise on stronger-than-forecast profit report

(The following story by Shawn Langlois appeared at MarketWatch.com on April 14, 2010.) SAN FRANCISCO — CSX Corp. shares chugged higher on Wednesday after the railroad operator posted a first-quarter profit improvement that bodes well for the rest of the industry. CSX...

CSX rates to rise 4 to 5 percent in 2010

(The following story by John D. Boyd appeared on the Journal of Commerce website on April 14, 2010.) WASHINGTON, D.C. — First quarter rates increased at top of range for 2010 core price gain CSX Transportation is sticking with its earlier guidance to see core pricing...

CSX 1Q earnings driven by ‘steady’ economic growth

(The Associated Press circulated the following story by Samantha Bomkamp on April 13, 2010.) NEW YORK — CSX, the nation’s third largest railroad, said Tuesday that “gradual and steady growth” in the economy drove its first-quarter profit up 20...