May 1, 2008 | Commuter Rail, CSX, Headlines
(The following story by Nicola M. White appeared on The Tampa Tribune website on May 1.) TALLAHASSEE, Fla. — A deal that would pay CSX Transportation $450 million in state funds in exchange for using 61.5 miles of the company’s tracks for commuter rail may have...
May 1, 2008 | CSX, Headlines
(Dow Jones Newswires circulated the following story by Doug Cameron on April 30.) CHICAGO — The feud between CSX Corp. (CSX) and two hedge funds seeking to shake up management at the third-largest U.S. railroad intensified on Wednesday as both sides submitted detailed...
April 30, 2008 | CSX, Headlines
(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...
April 30, 2008 | CSX, Headlines
(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,...
April 30, 2008 | CSX, Headlines
(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...
April 29, 2008 | CSX, Headlines
(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...
April 28, 2008 | CSX, Headlines
(The following report by Joyce Peterson appeared on the My Eye Witness News website on April 26.) ARLINGTON, Tenn. — Four CSX employees were rushed to the hospital after their train derailed in Arlington around 3:30 p.m. Friday, April 25th, 2008. A spokesperson with...
April 28, 2008 | CSX, FRA, Headlines
(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...
April 24, 2008 | CSX, Headlines
(The following editorial by Angel Palank appeared on the Tampa Bay Tribune website on April 24. Angel Palank, who lives in Broward, was awarded $50 million in punitive damages in her lawsuit against CSX. She used the bulk of the money to establish the Paul Palank...
April 23, 2008 | CSX, Headlines
(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...