CSX

CSX Corporation announced that its Board of Directors authorized a 10% increase in its quarterly dividend along with an increase to the current share repurchase program, to $5 billion.
In January, U.S. railroads originated 1,217,405 carloads, down 3.4% from the same month in 2017, and 1,310,141 containers and trailers, up 3.5%, according to the Association of American Railroads. Combined…
As I understand it, communications and signals work was under way on CSX’s Columbia Subdivision at Cayce, S.C., when Amtrak 91, the Silver Star, collided with unattended locomotives and autoracks…
CSX is a mighty fine line, with an equally illustrious railroad ancestry. That CSX has fallen on difficult times, service-wise, is regrettable.
The engineer and conductor of Miami-bound Amtrak train 91, the Silver Star, were killed and 116 people on board were injured early Sunday morning, Feb. 4, when the train entered…
OmniTRAX Inc.’s Savannah Gateway Industrial Hub has been certified a GRAD (Georgia Ready for Accelerated Development) site by the Georgia Department of Economic Development (GDEcD), the state’s marketing and sales…
Cindy Sanborn, the first woman to hold a senior operating executive role at a Class I railroad, and who was unceremoniously axed by the late E. Hunter Harrison in a…
At CSX over the past 12 months, there has been a series of tumultuous events infusing investors with paroxysms of “what next” worry and propelling the stock price on a…
Petroleum and related products were one of the few gainers as the Association of American Railroads reported U.S. weekly rail traffic was 508,239 carloads and intermodal units, down 2.9% from…
Members of the Transportation Communications International Union (TCU) and Brotherhood Railway Carmen (BRC) have ratified new contract terms with the nation’s major freight railroads covering more than 17,000 employees.


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