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CSX finds a buyer for Florida panhandle route

(Source: Trains Magazine, November 12, 2018) WASHINGTON, D.C. — Shortline holding company RailUSA will acquire nearly 375 miles of CSX Transportation main line across the Florida Panhandle. The Florida Gulf & Atlantic Railroad will acquire 373 miles of CSX...

CSX Santa Train to travel through Appalachia this month

(Source: Progressive Railroading, November 5, 2018) CSX will operate its 76th annual Santa Train on Nov. 17, as part of the Class I’s efforts to deliver toys, food, winter clothing and other gifts to residents in need along the 110-mile route. Full story:...

CSX looking to shed more than 1,100 miles of track

(Source: Jacksonville Business Journal, October 30, 2018) JACKSONVILLE, Fla. — CSX Corp. is making good on its pledge to trim surplus rail lines with more than 1,100 miles of track now up for grabs. In filings with the Surface Transportation Board, CSX targets 460...

CSX profit tops Wall Street estimate in Q3 2018

(Source: Reuters, October 16, 2018) JACKSONVILLE, Fla. — CSX Corp. on Tuesday reported quarterly profit that topped Wall Street’s view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices...