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Credit agencies affirm CSX debt ratings

(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...

CSX sues hedge funds on securities laws

(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...

Liability the issue in CSX talks

(The following story by Priyanka Dayal appeared on the Worcester Telegram & Gazette News website on March 16.) BOSTON — Massachusetts lawmakers and state officials vying to purchase a stretch of railroad from CSX Corp. are worried that if the state buys the...

CSX CEO donates $1 million to Edward Waters College

(The following story by Adam Aasen appeared on The Times-Union website on March 15.) JACKSONVILLE, Fla. — The history of Edward Waters College is full of struggles and successes. Even early in its history, the school faced problems such as financial issues and the...

Rail industry keeps on hiring

(The following story by Patrick Lester appeared on The Morning Call website on March 16.) ALLENTOWN, Pa. — It’s a classified ad that would make Alex Berisha drool: 12-hour work days; heavy lifting in all weather; required weekend, holiday and on-call shifts; up...

Opinion: CSX a good investment

(The following column by Paul Whitfield appeared on the Investor’s Business Daily website on March 13.) Trolling for a high dividend yield isn’t always the best strategy for an income investor. In the long run, the strength of a company, its sector and the...

Central Florida legislators rally behind CSX plan

(The following story by Nicola M. White appeared on The Tampa Tribune website on March 13.) TALLAHASSEE, Fla. — It would link Orlando’s sprawling suburbs, ease traffic on bottlenecked Interstate 4 and spur an economic boom in Central Florida. At least...

Orlando-area commuter rail will require some bargaining

(The following story by Aaron Deslatte appeared on the Orlando Sentinel website on March 12.) TALLAHASSEE — With the nine-week legislative session nearly one-fourth complete, Central Florida’s biggest priority — finalization of a $491 million deal to bring...

Opinion: CSX’s Ward warns against hedge fund investors

(The following column by Michael J. Ward appeared on the Washington Times website on March 11. Mr. Ward is chairman, president and CEO of CSX.) WASHINGTON, D.C. — America’s railroads are solving real problems for the nation — big problems like traffic congestion...