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CSX CEO receives $6.3 million in 2007

(The Associated Press circulated the following on February 21.) NEW YORK — Michael J. Ward, railroad operator CSX Corp.’s (NYSE:CSX) chairman, president and chief executive, received compensation valued at $6.3 million in 2007, according to a regulatory filing...

CSX car smoldering near Cincinnati

(The following story by Jennifer Baker appeared on the Cincinnati Enquirer website on February 21.) QUEENSGATE, Ohio — Cincinnati firefighters are monitoring a smoldering train car holding coal this morning, police said. CSX called 911 about 4:30 a.m. to report that...

CSX invests in Marshall University

(The following story by Emily Spurlock appeared on The Parthenon website on February 19.) HUNTINGTON, W.Va. — CSX Corporation gave Marshall University $20,000 to go toward the Nick J. Rahall, II, Transportation Institute and the College of Information Technology and...

Crumbling tracks may have caused CSX derailment in Ohio

(The following appeared at NewsNet5.com on February 19.) PAINESVILLE, Ohio — What caused a westbound CSX train to derail four months ago, triggering a major evacuation in Painesville? The official investigation is still under way, but NewsChannel5 chief investigator...

CSX spent $3.2 million on lobbying in 2007

(The Associated Press circulated the following on February 19.) WASHINGTON, D.C. — CSX Corp. spent $3.2 million in 2007 to lobby on legislation related to rail security, renewable energy and investments. The railroad operator spent $1.6 million in the second half of...

Camden Line to see cancellations

(The following appeared on the Baltimore Sun website on February 20.) BALTIMORE — Some users of MARC’s Camden Line should expect service changes next week while repairs are made to the tracks. The Maryland Transit Administration says CSX will be making necessary...

CSX to spend $17.6M on Schenectady tracks

(The following story by Jason Subik appeared on the Schenectady Gazette website on February 20.) SCHENECTADY, N.Y. — U.S. Sen. Charles Schumer released a report last week on railroad company CSX Corp.’s planned $45 million plan to upgrade and improve its tracks in New...

CSX railroads hedge fund’s criticism

(The following appeared at FindAlternatives.com on February 18.) U.S. railroad giant CSX Corp., under fire from a British activist hedge fund, is fighting back. The Jacksonville, Fla.-based railroad company last week sent a letter to The Children’s Investment Fund,...

CSX declares dividend

(CSX issued the following on February 13.) JACKSONVILLE, Fla. — On February 13, 2008, the Board of Directors of CSX Corporation (NYSE: CSX) approved a $0.15 per share quarterly dividend on the company’s common stock. The dividend is payable on March 14, 2008, to...