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Hedge funds offer details on CSX restructuring plans

(Dow Jones Newswires circulated the following on April 30.) CHICAGO —The hedge funds pursuing strategic reform at CSX Corp. (CSX) on Wednesday claimed their plans could double operating profits at the third-largest U.S. railroad operator within five years. The...

Opinion: CSX deal will benefit entire Tampa Bay area

(The following editorial by Ronnie Duncan appeared on The Tampa Tribune website on April 30. Mr. Duncan is a Pinellas County commissioner and vice chairman of the Tampa Bay Area Regional Transportation Authority.) TAMPA, Fla. — As any business executive will tell you,...

Florida House passes CSX package

(The following story by Bill Rufty appeared on the Lakeland Ledger website on April 29.) LAKELAND, Fla. — The Florida House this evening passed the Transportation Bill that includes the Orlando commuter rail system, purchases of track from CSX Transportation and the...

CSX police help snag ‘legendary’ graffiti writer

(The following story by Terri Sanginiti appeared on The News Journal website on April 29.) WILMINGTON, Del. — Traveling into Delaware, visitors often see the bright block letters “EASY” on overpasses, fences and rail cars. “You can’t come...

FRA says CSX harassed workers

(The following appeared on the Traffic World website on April 25.) Federal rail regulators, in a stinging report on safety practices at CSX Transportation, say the officials at the railroad created a “chilling” atmosphere discouraging workers from...

CSX to pay $491,000 to replace wildlife

(The following story by Justin Averette appeared on the Shelby County Reporter website on April 22.) CHELSEA, Ala. — Train company CSX will pay almost $500,000 to replace wildlife killed after a train wreck near Chelsea in May 2006. CSX Corporation settled April 7...

Mangled CSX deal barely clears Fla. Senate hurdle

(The following appeared on the Orlando Sentinel website on April 23.) ORLANDO — Central Florida and CSX would have to sign off on a whole new commuter rail agreement, under a plan by Senate Majority Leader Daniel Webster to keep the battered rail deal from collapsing...

CSX unveils $40 million track expansion

(The following story by David Hunt appeared on The Florida Times-Union website on April 22.) JACKSONVILLE, Fla. — CSX Corp. announced a $40 million plan Monday that it hopes will untangle truck congestion along Jacksonville’s Heckscher Drive as the region braces...