July 26, 2016 | CSX, Headlines
(Source: Associated Press, July 25, 2016) MARYVILLE, Tenn. — CSX Transportation Inc. says the mechanical failure that caused a July 2015 train derailment in Tennessee actually began about nine miles earlier. Full story: Seattle Times
July 26, 2016 | CSX, Headlines
(Source: Knoxville News Sentinel, July 25, 2016) KNOXVILLE, Tenn. — Police, firefighters and other first responders sign up for inherently dangerous work, but that doesn’t give citizens or businesses a blank check to harm them without financial consequences, a...
July 25, 2016 | CSX, Headlines
(Source: Editorial in The News & Observer, July 20, 2016) RALEIGH, N.C. — The location of a CSX container hub, the Carolina Connector, in Rocky Mount means 149 more jobs for an area of North Carolina desperately in need of them. The hub will route freight aboard...
July 25, 2016 | CSX, Headlines
(Source: Business Insider, July 21, 2016) CHICAGO — A freight train more than 10,000 feet long, hauling hundreds of shipping containers, sits idle in residential Chicago. It’s the middle of the afternoon, and the CSX train is just parked there. Waiting. Full...
July 19, 2016 | CSX, Headlines
(Source: Rocky Mount Telegram, July 19, 2016) ROCKY MOUNT, N.C. — A multimillion-dollar freight train hub may be just around the bend for the Twin Counties. Full story: Rocky Mount Telegram
July 15, 2016 | CSX, Headlines
(Source: Platts, July 15, 2016) HOUSTON — As overall coal transportation volumes decline for CSX, loadings from the Illinois Basin are making up a greater portion of thermal coal on the US railroad’s system, an executive said Thursday. Full story:...
July 15, 2016 | CSX, Headlines
(Source: Herald-Dispatch, July 13, 2016) HUNTINGTON, W.Va. — CSX has decided to continue using some of its administrative offices in Huntington and the building will remain open. Full story: Herald-Dispatch
July 15, 2016 | CSX, Headlines
(Source: Jacksonville Business Journal, July 15, 2016) JACKSONVILLE, Fla. — CSX Corp. CEO Michael Ward said he’s pleased with the company’s second-quarter results in light of the challenges the Jacksonville-based railroad has faced in the first half of the year....
July 15, 2016 | CSX, Headlines, Quarterly Income
(Source: Associated Press, July 14, 2016) OMAHA, Neb. — CSX expects profit to decline for remainder of the year as freight volume slows and it plans further cost cuts to offset what the railroad’s chief executive called a “challenging” environment....
July 14, 2016 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 13, 2016) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year. Highlights: • Delivered...
