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CSX announces $1 billion stock repurchase program

(CSX issued the following news release on May 8.) JACKSONVILLE, Fla. — Underscoring its commitment to enhance shareholder value, the Board of Directors of CSX Corporation has approved a series of initiatives that will deliver both near- and long-term value. Based on...

CSX worker severely injured in S.C. accident

(The following report appeared on Charleston television station WOWK’s website on May 4.) SOUTH CHARLESTON, W.Va. — An early morning accident on Blaine Island in South Charleston left one man injured and in danger of losing one of his legs. The accident occurred...

Two accused of disrupting railroad signal with copper theft

(The Associated Press circulated the following on May 3.) SAVANNAH, Ga. — Two men were arrested and charged with stripping copper wire from a utility pole, disabling a train signaling device temporarily Wednesday. David Sutherland, 61, and William Stokes, 49, were...

CSX declares dividend

(CSX Corporation issued the following on May 2.) JACKSONVILLE, Fla. — The Board of Directors of CSX Corporation today approved a $0.12 per share quarterly dividend on the company’s common stock. The dividend is payable June 15, 2007, to shareholders of record at...

Jacksonville CEO pay disclosures leave questions

(The following story by Mark Basch appeared on The Times-Union website on May 2.) JACKSONVILLE, Fla. — At CSX Corp.’s annual meeting today in Indianapolis, shareholders will be voting on a proposal to limit pay for the company’s top executives to $500,000...

CSX exempt from Fla. anti-trespassing sign law

(The following story by J. Taylor Rushing appeared on the Florida Times-Union website on April 29.) TALLAHASSEE, Fla. — Jacksonville’s CSX Transportation Inc. will dodge a state requirement over anti-trespassing signs on its railroad tracks under a bill...

CSXT employee wins top environmental award

(CSX Transportation issued the following on April 26.) JACKSONVILLE, Fla. — CSX Transportation employee Don Robey became the company’s fifth winner of railroading’s highest environmental honor – the John H. Chafee Environmental Award – presented today by...

Fla. lawmakers question CSX fees for flagmen

(The following story by Lindsay Peterson appeared on The Tampa Tribune website on April 25.) TAMPA — Two state lawmakers are calling for inquiries into why the state pays CSX Transportation millions for railroad flagmen. The lawmakers, Sen. Mike Fasano and Rep. Ed...

CSX hazmat tanker not leaking after Baltimore derailment

(The Associated Press circulated the following on April 24.) BALTIMORE — Authorities expect it will take most of the morning to upright an overturned rail car carrying 33,000 gallons of anhydrous ammonia. The CSX tanker car derailed about 4 a.m. in the 700 block of...

N.Y. home floods blamed on CSX

(The following story by Rick Clemenson appeared on the Albany Times-Union website on April 23.) VOORHEESVILLE, N.Y. — Erica Peno loaded her kids onto a school bus Wednesday and was about to check her e-mail when she noticed a puddle in her living room. She went to...