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CSX official punished for overstated credentials

(The following story by Al Lewis appeared on the Wall Street Journal website on April 6, 2009.) NEW YORK — Clarence Gooden, chief commercial officer at CSX Corp., doesn’t have the bachelor of arts degree from the University of Georgia claimed in his corporate...

CSX wants to change asbestos procedure

(The following story by Steve Korris appeared on the West Virginia Record website on April 1, 2009.) CHARLESTON, W.Va. — CSX Transportation wants a state judge to impose a 30-day deadline for a Pittsburgh law firm to separate baseless claims of asbestos exposure from...

MBTA, CSX commuter rail talks back on track

(The following story by Priyanka Dayal appeared on the Telegram & Gazette website on March 27, 2009.) WORCESTER, Mass. — A Government Accountability Office report finds no national standard for railroad liability agreements, spelling a small victory for state...

Dispute over railroad rules raises hackles

(The following story by Adrian Burns appeared on the Business First of Columbus website on March 30, 2009.) COLUMBUS, Ohio — A hotly contested effort to revamp regulation of rail industry competition and carriers’ pricing could have broad implications for a portion of...

Driver rescued from oncoming CSX train by college students

(The following story appeared on the Newark Post website on March 26, 2009.) NEWARK, Del. — A number of University of Delaware students saved a Newark resident, whose car was in the path of a train. Newark Police reported that on Wednesday March 25 at 9:02 p.m., a...

CSX blames Pa. firm for asbestos forgery

(The following story by Steve Korris appeared on the West Virginia Record website on March 25, 2009.) CHARLESTON, W.Va. — A plaintiff in a high-profile asbestos case apparently forged a signature on an X-ray report so he could repay an improper $750 advance from a...

Among activist investors, a new hesitancy

(The following story by Zachery Kouwe appeared on the New York Times website on March 25, 2009.) NEW YORK — Last summer, Christopher Hohn’s powerful hedge fund, the Children’s Investment Fund, got just what it wanted. The fund, known as T.C.I., had prevailed in a...

CSX to aid New York’s high-speed rail plans

(The following story by Lee Coleman appeared on the Daily Gazette website on March 26, 2009.) SCHENECTADY, N.Y. — A major railroad company has agreed to play an active role in making high-speed rail transportation a reality in New York state, U.S. Sen. Charles Schumer...

CSX CEO gets compensation valued at $7.3 million for 2008

(The Associated Press circulated the following story by Samantha Bomkamp on March 24, 2009.) NEW YORK — The chairman, president and chief executive of railroad operator CSX Corp. received compensation of about $7.3 million last year, a 16 percent raise from a year...