August 5, 2021 | CSX, Headlines, STB
(Source: Railway Age, August 4, 2021) NEW YORK — CSX President and CEO Jim Foote on August 2 responded to Surface Transportation Board Chairman Marty Oberman’s July 22 letter to Class I railroad CEOs requesting information on the extent of congestion at key U.S....
August 4, 2021 | CSX, Headlines, NS
(Source: Television station WCBC, August 4, 2021) NORTH CHARLESTON, S.C. — Those who drive through parts of North Charleston likely find themselves stuck behind railroad tracks waiting for a slow or even stopped train to pass. It can be frustrating, but outdated state...
August 2, 2021 | CSX, Headlines, STB
(Source: Railway Age, July 30, 2021) NEW YORK — The Surface Transportation Board (STB) has accepted for consideration CSX’s amended and re-filed Pan Am Railways acquisition application, and set a procedural schedule, with a final decision to be rendered April 1, 2022....
July 26, 2021 | CSX, Headlines
(Source: Television station WRIC, July 24, 2021) RICHMOND, Va. — Drone footage shows that coal from a train that derailed in Richmond near Hollywood Cemetery on Friday, has started to fall into the James River on Saturday. An official with CSX said the 13 coal cars...
July 26, 2021 | CSX, Headlines
(Source: Railway Age opinion column by David Schanoes, July 23, 2021) NEW YORK — Regarding the “point-counterpoint“ debate originally published in Fortune about Precision Scheduled Railroading and reproduced in Railway Age, with Brannon and Gorman on the “for” PSR...
July 23, 2021 | CSX, Headlines, Quarterly Income
(Source: Transport Topics Online, July 22, 2021) NEW YORK — Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations. Earlier...
July 22, 2021 | CSX, Headlines
(Source: CSX press release, July 21, 2021) JACKSONVILLE, Fla. — CSX Corp. today announced second quarter 2021 net earnings of $1,173 million, or $0.52 per share, compared to $499 million, or $0.22 per share in the same period last year. Second quarter 2021 operating...
July 7, 2021 | CSX, Headlines
(Source: CSX press release, July 7, 2021) JACKSONVILLE, Fla. — CSX Corp. will release second-quarter financial and operating results after the market close on Wednesday, July 21, 2021. This will be followed by a conference call and live webcast hosted by the company’s...
July 6, 2021 | CSX, Headlines
(Source: Progressive Railroading, July 2, 2021) CSX Corp. today announced that it has submitted an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to acquire Pan Am Railways Inc. Full story:...
July 2, 2021 | CSX, Headlines
(Source: Progressive Railroading, July 1, 2021) CSX Corp. today announced it has completed its previously announced acquisition of Quality Carriers Inc., a North American provider of bulk liquid chemicals truck transportation, from Quality Distribution Inc. Financial...
