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Hedge fund rep will not seek reelection to CSX board

(The following article was posted on the Florida Times-Union website on February 13.) JACKSONVILLE, Fla. — After waging a nearly year-long proxy fight to gain a seat on CSX Corp.’s board of directors, the managing partner of The Children’s Investment Fund will...

CSX Corporation declares quarterly dividend

(CSX issued the following on February 11, 2009.) JACKSONVILLE, Fla. — The Board of Directors of CSX Corporation (NYSE: CSX) today approved a $0.22 per share quarterly dividend on the company’s common stock. The dividend is payable on March 13, 2009, to...

CSX lays off workers at facilities in Russell, Ky.

(The following report appeared at WSAZ.com on February 10, 2009.) RUSSELL, Ky. — CSX laid off 37 workers at two facilities in the region Tuesday. Thirty-five workers from Russell, Kentucky and two from the Huntington office have been let go. Company spokesman Bob...

CSX works to rebuild trestle destroyed by fire

(The following story by Kaija Wilkinson appeared on the Press-Register website on February 10, 2009.) MOBILE, Ala. — Work crews have demolished a train trestle on a CSX Corp. Inc. main line at Catfish Bayou that burned Saturday afternoon and materials are being...

CSX train derails in Northampton County

(The following report appeared at WRAL.com on February 9.) SEABOARD, N.C. — More than a dozen cars of a CSX freight train derailed west of Seaboard in Northampton County Monday afternoon. CSX officials said at least 16 cars derailed around 3:30 p.m. while the freight...

Grant Park cleanup to take a while

(The following story by Hayley Graham and Bill Byrns appeared on the Daily Journal website on February 8, 2009.) KANKAKEE, Ill. — The environmental cleanup at the site of the CSX train derailment and hazardous material spill in Grant Park will take several months to...

CSX fights bridge-painting bill

(The following story by Christina E. Sanchez appeared on The Tennessean website on February 9, 2009.) NASHVILLE, Tenn. — A national railroad company is calling a proposed Nashville law “bad public policy” because it would force it to spend nearly $5...

Florida governor backs controversial commuter rail plan

(The following story by Joe Follick appeared on the Ocala Star-Banner website on February 4, 2009.) TALLAHASSEE, Fla. — With a well-orchestrated political blast, Gov. Charlie Crist pushed hard on Wednesday for the controversial approval of a $641 million deal to build...

CSX train derails, minor injury reported

(The following report by Leslie Cebula appeared at WTAP.com on February 1, 2009.) PARKERSBURG, W.Va. — A train carrying over 11,000 tons of coal derailed on its way to a plant in Waterford Sunday morning. Sgt. Randy Stackpole of the Washington County Sheriff’s...