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Rail Industry News

CSX releases 1Q 2018 results

(Source: CSX press release, April 17, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced record first quarter 2018 net earnings of $695 million, or $0.78 per share, versus $362 million, or $0.39 per share in the same period last year. CSX’s operating ratio for...

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Homendy nominated to serve on NTSB

(Source: Progressive Railroading, April 13, 2018) President Donald Trump this week announced his intention to nominate Jennifer Homendy of Virginia to serve on the National Transportation Safety Board (NTSB). Full story: Progressive Railroading

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$50.5 million inland port opens in South Carolina

(Source: Post and Courier, April 16, 2018) CHARLESTON, S.C. — In a part of South Carolina that once relied on video poker as a major economic draw, fortunes are starting to change. The State Ports Authority on Monday will officially open its inland port in Dillon,...

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