January 31, 2019 | CSX, Headlines
(Source: Deadline, January 30, 2019) HOLLYWOOD, Calif. — A confidential settlement has been reached in the wrongful death civil case against CSX Transportation brought by the family of young camera assistant Sarah Jones, who was killed on the train trestle set of...
January 31, 2019 | CSX, Headlines
(Source: Television station WOKV, January 30, 2019) JACKSONVILLE, Fla. — One of Jacksonville’s largest employers said it is making changes to improve safety for workers. Six workers were killed on CSX property last year. The railroad is forming regional safety...
January 30, 2019 | CSX, Headlines, Short Line
(Source: Pensacola News Journal, January 29, 2019) PENSACOLA, Fla. — The sale of CSX’s 373 miles of railroad between Pensacola and Jacksonville to Florida Gulf and Atlantic Railroad, a subsidiary of Rail USA, has stalled. Full story: Pensacola News...
January 29, 2019 | CSX, Headlines
(Source: Utica Observer-Dispatch, January 28, 2019) UTICA, N.Y. — Gov. Andrew Cuomo issued a letter to CSX on Monday threatening legal action if the railroad company does not rebuild the Whitesboro bridge that he says is among the main causes for flooding in the area....
January 28, 2019 | CSX, Headlines
(Source: Barron’s, January 25, 2019) NEW YORK — Mantle Ridge, a hedge fund that is a large shareholder of railroad CSX, sold $305 million of the stock this week. Full story: Barron’s
January 25, 2019 | CSX, Headlines
(Source: Observer-Dispatch, January 24, 2019) WHITESBORO, N.Y. — Gov. Andrew Cuomo on Thursday said he would possibly pursue legal action against a railroad company he says is responsible for some of the area’s repeated flooding. Full story:...
January 25, 2019 | CN, CSX, Headlines
(Source: Financial Post opinion column by Howard Green, January 24, 2019) OTTAWA — A major railroad investor told me he believes Jim Vena could be en route to the CEO’s office at UP. If that were to occur, with Keith Creel atop CP, Jim Foote running CSX and...
January 25, 2019 | CSX, Headlines
(Source: Jacksonville Daily Record, January 24, 2019) JACKSONVILLE, Fla. — CSX Corp.’s 2018 job cuts exceeded management’s expectations, and company officials said last week they see plenty of room to cut further. As the Jacksonville-based railroad company reported...
January 25, 2019 | CSX, Headlines, UP
(Source: Associated Press, January 24, 2019) OMAHA, Neb. — The economy appears strong to the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business if they continue. Union Pacific,...
January 23, 2019 | CSX, Headlines, KCS
(Source: Freight Waves, January 22, 2019) WASHINGTON, D.C. — Three sides of the move to precision railroading (PSR) were on display last week during earnings season conference calls, and they helped to drive home how deeply the practice is embedding itself in the...