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CSX wants to buy Pan Am Railways; NS says “not so fast”

(Source: Railway Age, November 9, 2020) NEW YORK — Shades of the battle between CSX and Norfolk Southern that occurred some 25 years ago over Conrail, but on a smaller scale: CSX is in negotiations to acquire Pan Am Railways, the 1,700-mile Class II previously known...

CSX worker injured in Kentucky rail yard accident

(Source: Television station WSAZ, November 2, 2020) GREENUP COUNTY, Ky. — A CSX railyard worker was seriously injured Monday in a worksite accident, CSX said in a statement. CSX says the worker was taken to the hospital, where he is being treated for his injuries....

Lower revenue dents CSX’s Q3 2020 profit

(Source: Freight Waves, October 21, 2020) CHATTANOOGA, Tenn. — CSX reported third-quarter 2020 net income of $736 million, or 96 cents per share, compared with $856 million, or $1.08 per share, in the third quarter of 2019 amid a drop in revenue and “lower economic...

CSX pays $95,000 in back wages to whistleblower

(Source: U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) press release, October 13, 2020) ATLANTA, Ga. — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has ordered CSX Transportation Inc. –...