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Snow was paid $243,000 by CSX in 2003

(The Associated Press circulated the following story on March 30.) WASHINGTON, D.C. — Treasury Secretary John Snow, a former railroad executive, was paid a base salary of $129,404 by CSX Corp. in 2003, according to a company filing with the Securities and...

Proposals could curb CSX executive pay

(The following story by Mark Basch appeared on The Florida Times-Union website on March 31.) JACKSONVILLE, Fla. — Michael Ward made considerably less money in his first year as chairman and chief executive officer of CSX Corp. than his predecessor, current U.S....

CSX engine catches fire in train derailment

(The Associated Press circulated the following story on March 26.) GAINESVILLE, Ga. — A train engine derailed and caught fire Friday afternoon, closing Georgia Highway 60 indefinitely. No injuries were reported. Hall County Fire Department spokeswoman Rhonda...

CSX “buy” target price reduced

(The following report appeared at NewRatings.com on March 24.) NEW YORK — Analysts at Deutsche Bank Securities reiterate their “buy” rating on CSX Corporation (CSX), while reducing their estimates for the company. The target price has been reduced...

Feds link ice to derailment

(The following article by Greg Clary was posted on the White Plains Journal News website on March 25.) HAVERSTRAW, N.Y. — Federal rail officials agreed yesterday that last month’s CSX freight train derailment occurred after quick-freezing water settled...

Farmers trying to save CSX line

(The following story by Jim Stinson appeared on the Post-Tribune website on March 24.) GARY, Ind. — With 1,000 carloads of grain at stake, farmers in LaPorte County are scrambling to save a rail line from Union Mills into Malden, and their plans include asking...

CSX is in midst of third wave of layoffs

(The following article by Gregory Richards was posted on the Florida Times-Union website on March 24.) JACKSONVILLE, Fla. — CSX Corp.’s third wave of layoffs began Tuesday and continues today, part of a management restructuring plan announced in November...

CSX spares old oak tree

(The following story by Kent Compton appeared at ClarendonToday.com on March 18.) MANNING, S.C. — It was nothing short of shock when Susan Stroman got the call. It was the CSX Railroad and they were coming to cut down the beautiful oak tree that has graced the...

Deceased man’s family sues CSX

(The following story by Steve Orr appeared on the Democrat & Chronicle website on March 17.) ROCHESTER, N.Y. — Alleging maintenance shortcomings, the family of a man who was electrocuted while jogging along CSX railroad tracks in Brighton a year ago filed a...

CSX files with SEC for $1.2 billion shelf offering

(Reuters circulated the following article on March 16.) WASHINGTON — CSX Corp., the biggest railroad in the eastern United States, on Tuesday filed with the Securities and Exchange Commission to periodically sell up to $1.2 billion in debt, stock, warrants and...