April 22, 2022 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 20, 2022) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating...
April 22, 2022 | BNSF, CSX, Headlines, NS, STB, UP
(Source: Trains Magazine analysis by Bill Stephens, April 22, 2022) WASHINGTON, D.C. — Executives from the big four U.S. railroads — BNSF Railway, CSX Transportation, Norfolk Southern, and Union Pacific — will take turns in the hot seat next week during two days of...
April 21, 2022 | Contract Negotiations, CSX, Headlines, SMART-TD
(Source: Railway Age, April 20, 2022) NEW YORK — CSX on April 19 reached what it’s calling a “tentative agreement” with the Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD) to provide SMART-TD Trainmen and Yardmasters with “monthly...
April 21, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: CNN, April 20, 2022) WASHINGTON, D.C. — Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the billions of dollars devoted to it from the bipartisan infrastructure bill. Amtrak, which typically speaks...
April 21, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Railway Age, April 20, 2022) NEW YORK — At this writing, Amtrak is preparing to present its case to the Surface Transportation Board (STB) disputing the amount of new infrastructure that potential host railroads CSX and Norfolk Southern claim must be built...
April 20, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Trains Magazine, April 20, 2022) WASHINGTON, D.C. — Switching details and conflicting traffic modeling assumptions dominated discussions at the Surface Transportation Board’s hearing into Amtrak plans to launch passenger service between New Orleans and...
April 20, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Railway Age, April 19, 2022) NEW YORK — The “Second Battle of Mobile” is in full swing. Prospective host railroads CSX and Norfolk Southern, along with the Port of Mobile, are in a heated dispute with Amtrak at the Surface Transportation Board (STB) about how...
April 19, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Trains Magazine analysis by Bob Johnston, April 18, 2022) WASHINGTON, D.C. — Two days of testimony that made up the second week of the Surface Transportation Board’s hearing on Amtrak Gulf Coast service delved into the intricacies of traffic modeling and its...
April 18, 2022 | CSX, Headlines, Short Line, STB
(Source: Railway Age, April 14, 2022) NEW YORK — All five Surface Transportation Board members on April 14 signed off on CSX’s proposal to acquire Pan Am Systems, Inc., and its short line railroad subsidiaries, effective May 14. Full story: Railway...
April 13, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Progressive Railroading, April 12, 2022) The Surface Transportation Board’s evidentiary hearing in the Amtrak Gulf Coast case that began last week will continue this and next week, the board announced yesterday. Full story: Progressive...
