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Pa. lawmakers press CSX about hazardous materials

(The following story by Joe Deinlein appeared on the York Daily Record website on June 19, 2009.) YORK, Pa. — Pennsylvania’s two U.S. senators and Congressman Todd Platts have sent a letter to the chief executive officer of a train company that some suspect...

CSX to host second-quarter earnings call

(CSX Corporation issued the following on June 17, 2009.) JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) will present its second-quarter earnings on Tuesday, July 14, 2009, at 8:30 a.m. Eastern Time via teleconference and live internet webcast. The company expects to...

Stock analysts put CSX, NS and UP in ‘buy’ category

(The following appeared on the Progressive Railroading website on June 2, 2009.) Stifel Nicolaus Co. Inc. now has a “buy” rating on CSX Corp., Norfolk Southern Corp. and Union Pacific Corp., with NS and CSX representing “the best values in the space at current...

CSX Intermodal, UP to increase fuel surcharges in June

(The following appeared on the Progressive Railroading website on May 29, 2009.) Just as gasoline prices are creeping back up, CSX Intermodal’s monthly fuel surcharge will rise slightly in June. On Monday, the company will implement a 13.5 percent fuel surcharge...

Cordele, Ga., 160 miles from ocean, wants to be named a port

(The following story by Walter C. Jones appeared on the Florida Times-Union website on May 28, 2009.) CORDELE, Ga. — Officials here have a novel ambition for a city 160 miles from the ocean, namely becoming a port. For seven years, they have educated leaders in state...

CSX derailment causes temporary evacuation in N.C.

(The following story by Josh Boatwright and Sabian Warren appeared on the Asheville Citizen-Times website on May 28, 2009.) BAKERSVILLE, N.C. — A Mitchell County road closed by a train derailment has reopened, emergency personnel said this morning. N.C. 197, which...

CSX stock moved to ‘top pick’ at UBS

(The following story by Scott Deveau appeared on the National Post website on May 26, 2009.) OTTAWA — The lingering misconception of mismanagement at CSX Corp. is the only plausible explanation for why the railway is trading at a discount to its peers, according to...