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CSX expected to announce realignment of Huntington Division

(Source: HuntingtonNews.net, December 14, 2015) HUNTINGTON, W.Va. — As employees of AK Steel in Ashland brace for impending layoffs to arrive during the last two weeks of the year, reports are coming in that CSX is planning to realign the Huntington district. Full...

BNSF open to rail deal; NS, CSX seen in play

(Source: Bloomberg, December 11, 2015) NEW YORK — The railroad controlled by Warren Buffett’s Berkshire Hathaway Inc. is open to making a competing bid for Norfolk Southern Corp., the target of a $27 billion takeover effort by Canadian Pacific Railway Ltd. Full story:...

CSX breaks ground on Pa. intermodal rail terminal

(Source: Pittsburgh Post-Gazette, December 11, 2015) PITTSBURGH, Pa. — Hard hats and golden shovels were out in force last Friday at the official groundbreaking for the $60 million terminal facility being built by CSX Corp. in Stowe and McKees Rocks. Full story:...

CSX’s Santa Train completes its 73rd run

(Source: Railway Age, November 23, 2015) NEW YORK — CSX’s Santa Train completed its 73rd run on Nov. 21, 2015 in Kingsport, Tenn., after having made its inaugural run in 1943 as a good will gesture to residents of rural Eastern Kentucky and Southwest Virginia. Full...

Chicago officials doing battle with railroads

(Source: Chicago Tribune, November 17, 2015) CHICAGO — In a seven-page letter this year to U.S. Sen. Richard Durbin, D-Ill., and other members of the Illinois congressional delegation, state Sen. Bill Cunningham, D-Chicago; state Reps. Kelly Burke, D-Evergreen Park,...

CSX expects slight decline in 4Q 2015 earnings

(Source: Marketwatch, November 10, 2015) NEW YORK — Railroad operator CSX Corp. said Tuesday it expects fourth-quarter per-share earnings to decline slightly from the same period a year ago, hurt by continued headwinds in the energy market. Full story:...