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14 CSX cars derail in Northeast D.C., causing hazardous leak

(Source: WTOP, May 1, 2016) WASHINGTON, D.C. — A CSX freight train derailed near the Rhode Island Avenue Metro station Sunday morning, leaving several cars overturned and a hazardous leak coming from at least one car, according to city officials. No injuries have been...

Gunmen rob CSX worker in Athens, Ga.

(Source: Athens Banner-Herald, April 27, 2016) ATHENS, Ga. — A pair of gunmen reportedly robbed a railroad employee Tuesday afternoon as he was working along train tracks in northern Athens-Clarke County. The victim said both gunmen has their faces concealed, and...

CSX CFO predicts 1 person crews in 5-10 years

(Source: Institutional Investor, April 26, 2016) NEW YORK — From Montreal to Fort Worth, Texas, railroad executives are keeping their eyes on head count. “Labor is our largest cost,” CSX CFO Frank Lonegro says. “In five to ten years, we’ll move to less labor...

South Carolina looks at 2nd inland cargo hub along I-95

(Source: Post and Courier, April 20, 2016) CHARLESTON, S.C. — The State Ports Authority, aiming to capitalize on industrial growth along the Interstate 95 corridor, said Wednesday it plans to build an inland port facility at a Dillon commerce park where Harbor Freight...

Four Oaks residents do not want CSX hub

(Source: The News & Observer, April 19, 2016) FOUR OAKS, N.C. — Four Oaks, a small, rural community settled along I-95 between Smithfield and I-40 in Johnston County, is full of farms, families and churches. The town has fewer than 2,000 residents, and most like...

CSX weathers tough first quarter

(Source: Railway Age, April 13, 2016) NEW YORK — Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of last year. “Service improvements, significant...