July 28, 2015 | CSX, Headlines, Oil Train
(Source: www.nj.com, July 27, 2015) HAWTHORN, N.J. — The CSX railway company plans this summer to replace the wooden deck of an 86-year-old bridge that carries trains hauling millions of gallons of crude oil over the Oradell Reservoir, the Record reported. Full story:...
July 24, 2015 | CSX, Headlines, STB
(Source: Railway Age, July 23, 2015) NEW YORK — Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in the nation’s critical...
July 23, 2015 | CSX, Headlines, Oil Train
(Source: Knoxville News Sentinel, July 22, 2015) KNOXVILLE, Tenn. — A class-action lawsuit seeking more than $5 million in damages has been filed in federal court on behalf of four Maryville residents who were among the 5,000 people evacuated during the CSX train...
July 22, 2015 | CSX, Headlines, Oil Train
(Source: Associated Press, July 21, 2015) GLEN FERRIS, W.Va. — CSX is continuing to closely monitor the environmental impact of a fiery oil-train derailment in southern West Virginia, a spokeswoman said Tuesday. The company held a public informational meeting that...
July 21, 2015 | CSX, Headlines, Quarterly Income
(Source: Associated Press, July 15, 2015) OMAHA, Neb. — CSX expects faltering demand for coal and crude oil to slow profit growth this year, but the railroad will limit expenses and work to raise rates to compensate. Full story: ABC News
July 21, 2015 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 14, 2015) JACKSONVILLE, Fla. — CSX Corporation announced financial results for the second quarter of 2015, including net earnings of $553 million, or an all-time record $0.56 per share, an increase from $529 million, or $0.53 per...
July 14, 2015 | CSX, Headlines
(Source: Reuters, July 14, 2015) CHICAGO/TORONTO — North American railroads are pinning their hopes for a second-half recovery on American shoppers as they prepare to release what analysts expect will be dreary second-quarter results. Full story: Business...
July 13, 2015 | CSX, Headlines
(Source: Knoxville News Sentinel, July 10, 2015) KNOXVILLE, Tenn. — Maryville lawyer Kevin Shepherd said that by filing a class-action lawsuit Friday, his clients hope to advocate for the 5,000 residents evacuated from their homes during the July 2 CSX train...
July 10, 2015 | CSX, Headlines
(Source: CSX press release, July 9, 215) JACKSONVILLE, Fla. — This week, CSX successfully completed its 17th annual Maintenance Jamboree, a track safety and maintenance blitz that completes months of rail, tie, signal and bridge work on key rail corridors in a single...
July 9, 2015 | CSX, Headlines
(Source: CSX press release, July 8, 2015) JACKSONVILLE, Fla. — Earlier today, the Board of Directors of CSX Corporation approved a $0.18 per share quarterly dividend on the company’s common stock. The dividend is payable on September 15, 2015, to shareholders of...
