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BALTIMORE — The on again, off again Howard Street Tunnel clearance project appears to be back on again after CSX Transportation committed $91 million during a meeting with Maryland officials. CSX CEO Jim Foote met with the Maryland congressional delegation on Thursday. “We are pleased that CSX has reversed its position on the Howard Street […]
Future Florida Gulf & Atlantic Railroad TRAINS: Rick Johnson/Steve Sweeney WASHINGTON — CSX Transportation will retain trackage and haulage rights over the Florida Panhandle route that it’s selling to a new short line. The Florida Gulf & Atlantic Railroad, which expects to begin operations on the line on or around Jan. 6, disclosed the trackage-rights […]
Jim Foote, CSX Transportation CEO CSX Corp. NEW YORK — When Canadian Pacific CEO Keith Creel said in October that the spread of Precision Scheduled Railroading made Class I consolidation more likely, it stirred the pot of merger speculation. So it was no surprise last week that Union Pacific CEO Lance Fritz and CSX Transportation […]
Keith Creel, Canadian Pacific CEO Canadian Pacific NEW YORK — Class I railroad mergers are unlikely to occur in 2019, but if two of the major systems were to combine the most likely pairing would be between CSX Transportation and Canadian Pacific, a Wall Street analyst wrote in a research note this week. “We believe […]
Dozens of volunteers congregate at a grocery store in Kingsport, Tenn., to package food, candy, and treats for children along the Santa Train route. Chris Anderson CSX Santa Train schedule CSX Transportation via Facebook A box filled with wrapped Moon Pies ready for packing into smaller bags for children. Chris Anderson KINGSPORT, Tenn. — By […]
CSX line sales in Florida CSX Transportation’s line sales are highlighted in yellow on the map. TRAINS: Rick Johnson/Steve Sweeney WASHINGTON — Shortline holding company RailUSA will acquire nearly 375 miles of CSX Transportation main line across the Florida Panhandle. Last week RailUSA notified rail labor on the affected routes that it would be acquiring […]
The former Toledo Terminal “Upper River Bridge” is coming down this week after its owner couldn’t even give away the structure. Chad Young TOLEDO, Ohio – Travelers on the Ohio Turnpike have passed one of its unique landmarks in Toledo for decades, but that will soon change. Crews have begun to remove the former Toledo […]
JACKSONVILLE, Fla. — The way CSX Transportation is handling more tonnage with fewer locomotives, freight cars, and people is a textbook example of Precision Scheduled Railroading at work. For the third quarter, CSX’s revenue ton-miles were up 7 percent and overall volume grew 4 percent compared to the same period last year. Yet CSX was […]
CSX Transportation safety chart CSX Corp. JACKSONVILLE, Fla. — CSX Transportation is making safety improvement strides. The railroad’s personal injury rate improved for the fifth straight quarter, while the train accident rate declined compared to last year and the second quarter, CSX noted in its third-quarter earnings call on Tuesday. “The safety of our employees […]
JACKSONVILLE, Fla. — CSX Transportation will drop service between 300 more intermodal origin-destination pairs in January as part of its ongoing effort to focus on more profitable, higher-density routes. As part of the changes, announced on Oct. 4, CSX also will introduce new service linking seven domestic markets. The streamlining is similar to changes CSX […]
BNSF Railway The haulage rights deal BNSF Railway inked with CSX Transportation to reach Ohio Valley destinations via CSX’s intermodal terminal in North Baltimore, Ohio, should grow into a successful venture. “This makes lots of sense to reach further into the Ohio Valley without getting into the crosstown rubber-tire moves in Chicago,” says intermodal analyst […]