March 26, 2008 | CSX, Headlines
(The following story by Lindsay Peterson appeared on The Tampa Tribune website on March 25.) TAMPA, Fla. — Massachusetts lawmakers are refusing to shield CSX from liability in passenger train accidents, unlike key Florida lawmakers who agreed to CSX’s liability...
March 26, 2008 | CSX, Headlines
(The following story by Victoria E. Freile appeared on the Democrat and Chronicle website on March 26.) ROCHESTER, N.Y. — Monroe County sheriff’s deputies don’t know what motivated a group of teens to apparently place a 3-foot-wide boulder on railroad...
March 25, 2008 | CSX, Headlines
(Reuters circulated the following on March 24.) NEW YORK — CSX Corp. sold on Monday $1 billion in debt in a two part sale, said a source familiar with the deal. The first tranche consisted of $600 million in seven-year notes, priced at 99.943 to yield 3.375 percentage...
March 24, 2008 | Accident, CSX, Headlines
(The following report appeared on the Chicago Sun-Times website on March 23.) CHICAGO — Flames of up to 15 feet high shot out of tons of coal after a train in the South Side’s Englewood neighborhood derailed Sunday morning, rupturing an underground gas line. The...
March 24, 2008 | CSX, Headlines
(The following story by Christian Giggenbach appeared on the Beckley Register-Herald website on March 21.) LEWISBURG, W.Va. — The former president of The Greenbrier filed a $50 million lawsuit Friday against railroad giant CSX Corp. — the resort’s parent company —...
March 24, 2008 | CSX, Headlines
(The following story by Megan Woolhouse appeared on the Boston Globe website on March 23.) Lieutenant Governor Timothy Murray has blasted the railroad giant CSX, saying the national freight carrier is making “completely unreasonable” demands in...
March 19, 2008 | CSX, Headlines
(The Associated Press circulated the following on March 18.) NEW YORK — Several analysts raised earnings expectations for railroad operator CSX Corp. after the railroad operator raised its first-quarter and full-year forecasts, touting strong pricing and improved...
March 19, 2008 | Accident, CSX, Headlines
(The following story by Bianca Prieto appeared on the Orlando Sentinel website on March 18. ORANGE COUNTY, Fla. — All lanes on East Landstreet Road near South Orange Avenue were reopened around 7:30 this morning after a crash involving a cargo train and a...
March 18, 2008 | CSX, Headlines
(The Associated Press circulated the following on March 17.) NEW YORK — Three major credit rating agencies on Monday affirmed the debt ratings of CSX Corp., saying that strong earnings and efficiency should allow the railroad to weather added debt from a recently...
March 18, 2008 | CSX, Headlines
(The Associated Press circulated the following on March 17.) JACKSONVILLE, Fla. — CSX Corp. sued two hedge funds on Monday, alleging they violated federal securities laws in their attempt to make changes to the railroad company’s corporate structure. CSX said in...