February 2, 2009 | CSX, Headlines
(The Associated Press circulated the following on January 30, 2009.) CHILI, N.Y. — Four teenage boys who damaged a CSX freight train by putting a boulder on the tracks last year have pleaded guilty to felony criminal mischief. Authorities say a CSX train hit the...
January 29, 2009 | CSX, Headlines
(The following story by Mark Basch appeared on the Florida Times-Union website on January 28, 2009.) JACKSONVILLE, Fla. — CSX Corp. Chairman and CEO Michael Ward has been named the 2009 “Railroader of the Year” by “Railway Age” magazine. According to a story in the...
January 29, 2009 | CSX, FRA, Headlines
(The following story by Mark Basch appeared on the Florida Times-Union website on January 28, 2009.) JACKSONVILLE, Fla. — After investigating charges that CSX Corp. discourages workers from reporting injuries, the acting administration of the Federal Railroad...
January 22, 2009 | CSX, Headlines
(The following story by Eric Anderson appeared on the Albany Times-Union website on January 22, 2009.) SELKIRK, N.Y. — CSX Corp. has laid off 40 employees in the Capital Region as it copes with declining freight traffic, company spokesman Bob Sullivan said Wednesday....
January 22, 2009 | CSX, Headlines
(The following story by Bill Byrns appeared on the Kankakee Daily-Journal website on January 21, 2009.) GRANT PARK, Ill. — All contaminated material should be removed by Thursday from the site of Sunday’s CSX Corp. freight train derailment in Grant Park,...
January 21, 2009 | CSX, Headlines
(The following story by Jon Krenek appeared on the Kankakee Daily-Journal website on January 20, 2009.) GLEN PARK, Ill. — Crews started working Monday to clean up the hazardous materials left by Sunday’s CSX Corp. freight train derailment in Grant Park, move the...
January 21, 2009 | CSX, Headlines
(Reuters circulated the following on January 21, 2009.) CHICAGO — U.S. railroad CSX Corp (CSX.N) said on Wednesday that it still expects to raise prices to haul freight in 2009 by between 5 percent and 6 percent, despite the ongoing economic downturn. Speaking on a...
January 21, 2009 | CSX, Headlines
(The Associated Press circulated the following on January 20, 2009.) JACKSONVILLE, Fla. — Railroad operator CSX says its fourth-quarter earnings sank 32 percent from a year-earlier, mostly due to a sizable writedown on the value of a resort the company owns. The...
January 21, 2009 | CSX, Headlines
JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) today announced fourth quarter earnings per share of 63 cents. These results include a noncash impairment charge of 27 cents per share related to the write-down of its investment in The Greenbrier resort. Excluding this...
January 13, 2009 | CSX, Headlines
(Bloomberg News circulated the following story by Mary Schlangenstein on January 12.) NEW YORK — CSX Corp., the third-largest U.S. railroad, reported preliminary fourth-quarter earnings that trailed analysts’ average estimate. Profit was 90 cents a share, excluding a...
