May 28, 2021 | CSX, Headlines
(Source: Railway Age, May 26, 2021) NEW YORK — The St. Louis region relies heavily on its Norfolk Southern- and CSX-served rail connection with the Port of Virginia, hundreds of miles away on the East Coast, to maintain its position “as one of the premier multimodal...
May 27, 2021 | CSX, Headlines
(Source: Railway Age, May 26, 2021) NEW YORK — The Surface Transportation Board lately has been relentless in demanding that applications for mergers and voting trusts, among other transactions, meet its standards for completeness. Full story: Railway...
May 13, 2021 | CSX, Headlines
(Source: Associated Press, May 12, 2021) JACKSONVILLE, Fla. — CSX railroad is buying a trucking company that specializes in hauling liquid chemicals. The Jacksonville, Florida-based railroad said Wednesday that it had agreed to buy Quality Carriers Inc. to help it...
May 11, 2021 | CSX, Headlines
(Source: The Altamont Enterprise, May 10, 2021) ALTAMONT, N.Y. — A 1.7-mile-long speciality train could be moving daily through the villages of Altamont and Voorheesville this time next year if federal regulators OK a proposed deal currently up for review. Full story:...
May 3, 2021 | CSX, Headlines
(Source: Market Beat, May 3, 2021) NEW YORK — CSX Co. Director Paul C. Hilal sold 500,000 shares of the firm’s stock in a transaction dated Friday, April 30. The shares were sold at an average price of $100.40, for a total transaction of $50,200,000.00....
April 30, 2021 | CSX, Headlines
(Source: Baltimore Sun, April 29, 2021) BALTIMORE, Md. — Nearly half a billion dollars for 18 inches. That’s how much the CSX railroad, the state of Maryland and others are poised to spend expanding a more than a century-old tunnel under downtown Baltimore where an...
April 30, 2021 | CSX, Headlines
(Source: Progressive Railroading, April 29, 2021) CSX Corp. on Monday filed with the Surface Transportation Board (STB) an amended application for its proposed acquisition of Pan Am Railways Inc. and related rail carriers. Full story: Progressive...
April 29, 2021 | CSX, Headlines
(Source: Television station WBNS, April 28, 2021) MARYSVILLE, Ohio — Union County homeowners west of Marysville say they’re tired of seeing trains sit idle at intersections, sometimes for longer than an hour, preventing them from getting to where they need to be. Full...
April 22, 2021 | CSX, Headlines
(Source: Jacksonville Daily Record, April 21, 2021) JACKSONVILLE, Fla. — CSX Corp. reported lower first-quarter earnings and revenue April 20 as harsh winter weather affected the railroad’s rebound from the COVID-19 pandemic. However, the Jacksonville-based company is...
April 21, 2021 | CSX, Headlines
(Source: CSX press release, April 20, 2021) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2021 net earnings of $706 million, or $0.93 per share, compared to $770 million, or $1.00 per share in the same period last year. “I am extremely proud of how our...