November 22, 2019 | CSX, Headlines, Historic/Steam
(Source: Kingsport Times News, November 21, 2019) KINGSPORT, Tenn. — Community volunteers gathered Wednesday at Food City on Eastman Road in Kingsport to ready many of the more than 15 tons of gifts to be distributed from this year’s Santa Train. Full story:...
November 20, 2019 | CSX, Headlines, Historic/Steam
(Source: Kingsport Times News, November 18, 2019) KINGSPORT, Tenn. — As the Santa Train makes its 77th trek on Saturday, from Eastern Kentucky through Southwest Virginia and into Northeast Tennessee, Santa Claus will spend the 110-mile, approximately nine-hour trip on...
November 13, 2019 | CSX, Headlines
(Source: MarketWatch, November 12, 2019) NEW YORK — Shares of CSX Corp. fell 1.2% in premarket trading Tuesday, after Deutsche Bank analyst Amit Mehrotra downgraded the railroad operator, citing concerns over lower 2020 revenue and margin headwinds resulting from...
November 13, 2019 | CSX, Headlines, NS
(Source: MarketWatch, November 12, 2019) NEW YORK — The Dow Jones Transportation Average slumped 12 points, or 0.1%, in morning trading Tuesday, to buck the gains in the broader market indexes, with the shares of East-coast based railroad operators CSX Corp. and...
November 12, 2019 | CSX, Headlines
(Source: Freight Waves, November 11, 2019) CHATTANOOGA, Tenn. — Some rail unions are becoming more vocal about the rail industry’s practice of furloughing employees, saying the cuts in staffing that have resulted because of precision scheduled railroading (PSR) are...
October 30, 2019 | CSX, Headlines
(Source: Associated Press, October 30, 2019) NASHVILLE, Tenn. — Country star and Grammy winner Marty Stuart will be the celebrity guest on the annual CSX Santa Train, which visits towns in Tennessee, Kentucky and Virginia in November to hand out gifts for families....
October 29, 2019 | CEO Pay, CSX, Headlines
(Source: Riverton Roll, October 27, 2019) NEW YORK — CSX Co. Director Steven T. Halverson sold 39,812 shares of the business’s stock in a transaction that occurred on Thursday, October 24. The stock was sold at an average price of $71.65, for a total value of...
October 23, 2019 | CSX, Headlines, Technology
(Source: Railway Age, October 22, 2019) NEW YORK — CSX is taking a bold transparency move. In releasing its Trip Plan Compliance performance information, it is also at the early stages of disclosing how poor logistics delivery to customers has been in the past. But,...
October 23, 2019 | CSX, Headlines, NS
(Source: The Post and Courier, October 22, 2019) CHARLESTON, S.C. — A weaker-than-normal peak shipping season for Asian businesses making goods bound for U.S. markets could be an indication of a sluggish Christmas shopping season. Full story: The Post and...
October 23, 2019 | CSX, Headlines, UP
(Source: Freight Waves, October 22, 2019) CHATTANOOGA, Tenn. — Not all that long ago, say 2015 to 2017, it was the best of times for the railroads’ intermodal business. These times are not like those times. The railroads have been mired in intermodal red ink all year...
