FRA Certification Helpline: (216) 694-0240

CSX expects volume drop, more furloughs in 2Q

(The Associated Press circulated the following story by Samantha Bomkamp on April 15, 2009.) NEW YORK — Railroad operator CSX Corp. said Wednesday it predicts double-digit declines in shipping volume to continue through the second quarter, and expects to furlough more...

CSX bill expected to gain key vote in Florida Senate

(The following story by Catherine Dolinski appeared on the Tampa Tribune website on April 15, 2009.) TALLAHASSEE, Fla. — SunRail, the state’s $1.2 billion commuter rail project in Central Florida, is expected to gain a swing vote today needed to advance the deal...

CSX expects double-digit demand losses in 2Q

(The Associated Press circulated the following on April 14, 2009.) NEW YORK — Railroad operator CSX Corp. expects double-digit declines in shipping volume to continue through the second quarter. The Jacksonville, Fla.-based company said Wednesday in a conference call...

CSX profit down 30 percent but beats Wall St view; stock up

(Reuters circulated the following on April 14, 2009.) CHICAGO — CSX Corp., the No. 3 U.S. railroad, on Tuesday posted a better-than-expected quarterly net profit, sending its stock up 7 percent as it took steps to cut costs and keep prices steady amid a steep drop in...

CSX to report first quarter 2009 earnings

(The Associated Press circulated the following on April 14, 2009.) NEW YORK — Analysts expect deteriorating demand will took a chunk out of earnings at railroad CSX Corp., which reports first-quarter profit after the market closes. Edward Wolfe of Wolfe Research said...

CSX says it has proven firm was behind asbestos fraud

(The following story by Steve Korris appeared on the West Virginia Record website on April 10, 2009.) WHEELING, W.Va. — CSX Transportation pleads in federal court that it has presented plenty of proof for a claim that asbestos lawyers from Pittsburgh pulled a fraud....

CSX opponents get Florida Senate budget revised

(The following story by Catherine Dolinski appeared on the Tampa Tribune website on April 8, 2009.) TALLAHASSEE, Fla. — A Senate panel changed its $65.6 billion budget proposal Tuesday to calm opponents of the state’s deal with the CSX Corp. to build commuter...

Cincinnati city council member wants toxic trains re-routed

(The following report by Jay Warren appeared at WCPO.com on April 7, 2009.) CINCINNATI, Ohio — Cincinnati city council will vote on a resolution that would ask the Obama administration to help re-route trains carrying toxic materials away from heavily populated areas....