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CSX leasing Parkersburg-Marietta line

(Source: Marietta Times, February 29, 2020) PARKERSBURG, W.Va. — An Ohio company is preparing to take over the CSX Transportation rail line between Parkersburg and Marietta. Local CSX Transportation employees were notified this week of a planned transaction with...

CSX to reactivate Hulsey Yard in Atlanta

(Source: Curbed Atlanta, February 21, 2020) ATLANTA — Just days after the Atlanta City Council proposed legislation that would urge CSX Transportation to be mindful of community wishes when mulling the possible sale of Hulsey Yard, the railroad giant says it will...

CSX announces increase to quarterly dividend

(Source: CSX press release, February 12, 2020) JACKSONVILLE, Fla. — CSX today announced that the Company’s board of directors has authorized an 8% increase in its quarterly dividend, from $0.24 to $0.26 per share. The new $0.26 quarterly dividend is payable March 13,...