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Opinion: Rail roulette

(The following column by Jack Welch appeared at RedOrbit.com on February 11.) LOUISVILLE, Ky. — Crescent Hill is, by all accounts, a picturesque neighborhood. With its Victorian houses, locally owned shops and restaurants, and old Main Street feel, it’s like a...

Hedge fund TCI criticizes CSX bylaw change

(Reuters circulated the following on February 7.) NEW YORK — British hedge fund Children’s Investment Fund (TCI) on Thursday accused CSX Corp. of making a “disingenuous” change to its corporate bylaws in the latest move in a months-long proxy...

Low CSX bridge, tall trucks

(The following story by John Dyer appeared on the Boston Globe website on February 7.) BOSTON — The railroad bridge over East Main Street in Westborough stands 12 feet, 6 inches above the road surface. A typical tractor-trailer truck stands 13 feet, 6 inches tall....

Train crewmen settle with CSX in federal court

(The following story by Gregory Richards appeared on The Virginian-Pilot website on February 7.) NORFOLK, Va. — Two crewmen injured in a head-on collision of two CSX Corp. freight trains in Southampton County in September 2005 settled their lawsuits against the...

Liability may derail CSX deal in Fla.

(The following story by Lindsay Peterson appeared on The Tampa Tribune website on February 7.) TALLAHASSEE, Fla. — A new catch emerged Wednesday in the state’s nearly half-billion-dollar deal with CSX Transportation. A spokesman for state Chief Financial Officer...

Headstones found next to CSX tracks

(The following report appeared on the Orlando Sentinel website on February 6.) ANTHONY, Fla. — More than two dozen headstones appeared overnight near a railroad line in Marion County, and authorities have no clue where they came from. A man stumbled across the...

Supreme Court backs CSX, throws out tax assessment

(The following story by Joseph D. Henchman appeared at Heartland.org on February 4. Mr. Henchman (jdh@taxfoundation.org) is tax counsel at the Tax Foundation, a national nonpartisan tax research organization in Washington, D.C.) In a decision establishing stronger...

CSX VP Sizemore sells shares

(The Associated Press circulated the following on February 2.) NEW YORK — The vice president and controller of railroad operator CSX Corp. sold 12,325 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. In...