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Port of Virginia sets July container record

(Source: Railway Age, August 17, 2021) NEW YORK — The Port of Virginia (POV) processed 293,126 TEUs (twenty-foot equivalent units) in July, up 32.6% over the prior-year period, it reported on Aug. 17. Full story: Railway Age

STB accepts CSX’s amended application for Pan Am merger

(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....

PSR: A bit more scrutiny

(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...

CSX reports Q2 2021 earnings

(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...