September 19, 2019 | CSX, Headlines, Quarterly Income
(Source: CSX press release, September 18, 2019) JACKSONVILLE, Fla. — CSX Corporation will release third-quarter financial and operating results after the market close on Wednesday, October 16, 2019. This will be followed by a conference call and live webcast hosted by...
September 18, 2019 | CSX, Headlines
(Source: Jacksonville Business Journal, September 18, 2019) JACKSONVILLE, Fla. — As the rail industry moves to mimic CSX’s operating model, shippers are calling foul — arguing with the company’s numbers and asking for more regulation. “Fundamentally, this is a...
September 13, 2019 | CSX, Headlines, NS
(Source: Savannah Morning News, September 12, 2019) SAVANNAH, Ga. — The Hostess City will soon have a larger presence in the Windy City as the Georgia Ports Authority introduces dual rail service from the Port of Savannah to Chicago, with cargo reaching the midwestern...
September 13, 2019 | CSX, FRA, Headlines
(Source: Railway Track & Structures, September 12, 2019) NEW YORK — The Federal Railroad Administration just released its Accident Investigation Report on the derailment of a CSX freight train in Princeton, Ind. on June 17, 2018. The train derailed 22 loads and...
September 13, 2019 | CSX, Headlines
(Source: Freight Waves, September 12, 2019) CHATTANOOGA, Tenn. — The head of CSX said his company needs to change the way it does business so that CSX can compete with trucks and be a reliable option in the future where e-commerce is booming and coal is declining....
September 13, 2019 | CSX, Headlines, UP
(Source: Railway Age, September 13, 2019) NEW YORK — For rail customers, Precision Scheduled Railroading is a mixed blessing. At a North East Association of Rail Shippers (NEARS) conference earlier this year, PSR’s promises and perils took center stage. Full story:...
September 10, 2019 | CSX, Headlines
(Source: Cook County Record, September 9, 2019) CHICAGO – A federal judge will allow a truck driver to continue part of his class action complaint accusing CSX of violating the Illinois Biometric Information Privacy Act, saying a recent Illinois Supreme Court decision...
September 10, 2019 | CSX, Headlines, UP
(Source: Progressive Railroading, September 9, 2019) The head of transportation for United Parcel Service (UPS) can sum up Class Is’ service performance for much of this year in one word: underwhelming. Although they got off to a good start in 2019’s first three...
September 5, 2019 | BNSF, CSX, Headlines
(Source: S&P Global Platts, September 4, 2019) HOUSTON — U.S. railroads are facing roughly $5 billion in lost revenues as utility coal demand declines to roughly half the 2020 level in 2030, according to a report issued Wednesday by Moody’s. BNSF Railway...
September 4, 2019 | CSX, Headlines, NS
(Source: Freight Waves, September 3, 2019) CHATTANOOGA, Tenn. — Eastern Class I railroads CSX and Norfolk Southern say customers should expect service delays this week as Hurricane Dorian brings heavy rains and strong winds to the southeastern coast of the U.S. CSX...
