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CSX reports strong 3Q earnings

(CSX issued the following on October 17.) JACKSONVILLE, Fla. — CSX Corporation today reported third quarter 2007 net earnings of $407 million, or 91 cents per share, including 24 cents per share from discontinued operations. In the same quarter last year, the company...

CSX net income up 24% in 3Q

(Dow Jones Newswires circulated the following story by Terry Kosdrosky on October 17.) NEW YORK — CSX Corp. (CSX), a railroad facing new pressure from an activist shareholder, said late Tuesday that third-quarter net income rose 24% despite lower overall volume. The...

Activist hedge fund calls for change at CSX Corp.

(Reuters circulated the following story by Scott Malone on October 16.) CAMBRIDGE, Mass. — An activist hedge fund on Tuesday called on railroad company CSX Corp to make a number of management changes, including separating the roles of chairman and chief executive and...

Ohio evacuee files suit against CSX

(The following story by Tracey Read appeared on the News-Herald website on October 16.) PAINESVILLE, Ohio — A Painesville man has filed a class-action lawsuit on behalf of more than 200 residents who were displaced from their homes and businesses when a train derailed...

CSX to submit application in December

(The following story by Tom Palmer appeared on the Lakeland Ledger website on October 16.) WINTER HAVEN, Fla. — CSX officials plan to submit an application for approval of their Winter Haven freight terminal in mid-December, a consultant for the railroad said Monday....

CSX Fla. plan to be reviewed

(The following report appeared on the Lakeland Ledger website on October 14.) WINTER HAVEN, Fla. — The Central Florida Regional Planning Council will have a hearing at 1:30 p.m. Monday to review the 318-acre first phase of the proposed CSX intermodal facility, or...

Evacuees back home 3 days after CSX derailment

(The following story Joseph L. Wagner appeared on the Cleveland Plain Dealer website on October 14.) PAINESVILLE, Ohio — Relieved residents were allowed to return to their homes Saturday, three days after a train derailment spilled tanker carloads of hazardous but...

Fla. commissioner wants more answers in CSX proposal

(The following story by Diane Lacey Allen appeared on The Lakeland Ledger website on October 12.) BARTOW, Fla. — Lakeland City Commissioner Gow Fields came to Thursday’s meeting of the Polk Transportation Planning Organization to get answers about the...

CSX derailment fire burns into 2nd day

(The Associated Press circulated the following on October 12.) PAINESVILLE, Ohio — Firefighters on Thursday battled a train derailment fire for a second day and some residents who had been evacuated were allowed to return to their homes. When the CSX train derailed...