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Winter Haven tweaks wording of CSX hub recommendations

(The following story by Shelly Godefrin appeared on the News Chief website on September 29.) WINTER HAVEN, Fla. — When the Winter Haven Planning Commission voted unanimously last week to recommend city approval for the CSX Intermodel Logistics Center (ILC), it went...

CSX wraps June election

(The following story by John D. Boyd appeared on the Traffic World website on September 25.) WASHINGTON, D.C. — After waging a long, bitter fight against dissident investors led by two activist hedge funds, CSX this week finally concluded its June 25 shareholders...

First vote today on CSX freight terminal in Winter Haven

(The following story by Tom Palmer appeared on the Lakeland Ledger website on September 23.) WINTER HAVEN, Fla. — The controversial CSX rail freight terminal development of regional impact in Winter Haven is headed for its first formal vote Wednesday before the Winter...

CSX: Storms cut third quarter income by 6-8 cents per share

(The Associated Press circulated the following on September 24.) JACKSONVILLE, Fla. — Freight railroad company CSX Corp. said Tuesday that it expects recent storms along the Gulf Coast and the Midwest to cut its third-quarter earnings 6 cents to 8 cents per share and...

CSX loses appeal to block TCI from winning two seats

(Bloomberg News circulated the following story by David Glovin on September 15.) NEW YORK — CSX Corp., the third-largest U.S. railroad, said two additional nominees supported by London-based activist hedge fund TCI will be seated on its board after losing a legal...

CSX on the right track

(The following story by Ruthie Ackerman appeared at Forbes.com on September 11.) NEW YORK — Weak economy or not, rail demand is chugging along in the United States, to the benefit of CSX. The railroad raised its 2008 profit outlook on Thursday, citing strong demand...

CSX shares gain on guidance boost

(The Associated Press circulated the following on September 11.) MINNEAPOLIS, Minn. — Shares of CSX Corp. jumped Thursday after the rail shipper raised its guidance and said its profit is growing faster than it had expected. CSX shares rose $5.85, or 10.7 percent, to...