June 25, 2019 | CSX, Headlines
(Source: Bloomberg Tax, June 24, 2019) NEW YORK — CSX Transportation Inc.’s decade-old fuel tax lawsuit against Alabama won’t get a third hearing before the U.S. Supreme Court—a partial win for both the railroad and the state. The court on June 24 rejected cross...
June 24, 2019 | CEO Pay, CSX, Headlines
(Source: Mayfield Recorder, June 21, 2019) NEW YORK — CSX Co. EVP Nathan D. Goldman sold 7,000 shares of CSX stock in a transaction dated Tuesday, June 11. The stock was sold at an average price of $79.50, for a total value of $556,500.00. Following the completion of...
June 19, 2019 | CSX, Headlines, Quarterly Income
(Source: CSX press release, June 18, 2019) JACKSONVILLE, Fla. — CSX Corporation will release second-quarter financial and operating results after the market close on Tuesday, July 16, 2019. This will be followed by a conference call and live webcast hosted by the...
June 17, 2019 | CSX, Headlines
(Source: Radio station WHOP, June 14, 2019) HOPKINSVILLE, Ky. — Deputies have released the name of a man who suffered electrical burns Friday afternoon in Crofton. Twenty-five-year-old Michael Johnson of Seattle, Washington was stowed away on a CSX train hoping to...
June 13, 2019 | CSX, Headlines, KCS
(Source: Forbes, June 12, 2019) NEW YORK — On May 22nd and May 23rd, the Surface Transportation Board (STB) held an Oversight Hearing on Demurrage and Accessorial Charges. Railroad customers objected to escalating fines across the country’s seven Class I...
June 11, 2019 | CSX, Headlines
(Source: Freight Waves, June 10, 2019) CHATTANOOGA, Tenn. — The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. One way that...
June 6, 2019 | CSX, Headlines
(Source: Jacksonville Daily Record, June 5, 2019) JACKSONVILLE, Fla. — As far as James Foote is concerned, one number tells you everything you need to know about CSX Corp.’s performance: the operating ratio. Full story: Jacksonville Daily...
June 5, 2019 | CSX, Headlines
(Source: Altoona Mirror, June 5, 2019) ALTOONA, Pa. — CSX Transportation Inc. has filed a petition asking that a lawsuit filed by a Hyndman family as a result of a train derailment nearly two years ago remain in the U.S. District Court and not be returned to the...
June 4, 2019 | CSX, Headlines, Short Line
(Source: RailUSA press release, June 3, 2019) BOCA RATON, Fla. — RailUSA, LLC, an independent freight railroad and rail services holding company, announced today its acquisition of a 430-mile rail line and related real estate from CSX Corporation (CSX). The line, now...
June 3, 2019 | CSX, Headlines, NS
(Source: Trucking Info, May 31, 2019) SAVANNAH, Ga. — The Port of Savannah and St. Louis Regional Freightway have partnered on a significant investment plan that creates a new rail connection between the St. Louis, Missouri, region and the Georgia sea port to help...
