JACKSONVILLE, Fla. — CSX Corporation today announced it is soliciting bids on six rail segments as part of a broader initiative to drive asset utilization, enhance network efficiency and create long-term value for the company. The decision to market these non-core properties, totaling approximately 650 miles, follows a detailed evaluation of each line and its […]
Railroad: CSX
Clean-up continues of CSX DC derailment NEWSWIRE
A satellite image of the overpass where CSX Transportation crosses over a Norfolk Southern line in Alexandria, Va. Google Maps Alexandria, Va. Google Maps ALEXANDRIA, Va. — Amtrak and Virginia Rail Express passenger services south of Washington are expected to resume today as crews continue clean-up of a weekend CSX Transportation train that tumbled off […]
CSX Transportation curtails operations at Cumberland, Md., locomotive shop NEWSWIRE
Frank Lonegro, CSX Corp. Chief Financial Officer CSX Corp. JACKSONVILLE, Fla. – CSX Transportation has laid off about 100 workers at its locomotive shop in Cumberland, Md., as it reduces the facility from 24-hour operation to one daily shift. Workers at the former Baltimore & Ohio shop were informed on May 11. The Cumberland Times-News […]
CSX Transportation claims first-quarter operating ratio crown NEWSWIRE
First Quarter 2018 operating ratios Source: Class I railroads CSX Transportation has claimed the industry’s lead in operating ratio by vaulting to first place from its second-to-last position a year ago. The railroad’s closely watched operating ratio was 63.7 percent in the first quarter, down from an adjusted 69.4 percent a year ago, and 0.9 […]
Investor advisory firm questions CSX executive compensation plan NEWSWIRE
Late CSX CEO E. Hunter Harrison speaks before the Surface Transportation Board in 2017. R.G. Edmonson JACKSONVILLE, Fla. — CSX Transportation is defending its executive compensation package after an influential shareholder advisory firm recommended that investors reject the plan at the company’s annual meeting on May 18. The big issue: Compensation for the late CEO […]
CSX closes Baltimore yard NEWSWIRE
CSX has closed Locust Point Yard in Baltimore. Sol Tucker BALTIMORE — CSX Transportation has closed its yard in Locust Point in southeastern Baltimore, Md. effective 11:59 p.m., April 30, 2018. The yard sits adjacent to Interstate 95 just west of the Fort McHenry Tunnel, and also hosts a Maryland Rail Commuter locomotive and train […]
CSX Transportation safety record comes under scrutiny as accident, injury rates rise NEWSWIRE
The remains of the lead locomotive of Amtrak’s Silver Star after it crashed into a CSX Transportation freight train on Feb. 4, 2018. Jonathan Hinely When a misaligned switch sent Amtrak’s Silver Star barreling into a parked CSX Transportation train in South Carolina last week, killing two Amtrak crewmen and injuring more than 100 passengers, […]
UPDATE: NTSB: Misaligned switch directed ‘Silver Star’ into parked CSX autorack train NEWSWIRE
COLUMBIA, S.C. — The head of the National Transportation Safety Board says a misaligned switch is the immediate reason Amtrak’s southbound Silver Star collided with a parked CSX Transportation freight train early Sunday, killing two people and injuring dozens. Investigators say they’ll now try and find out why the switch was misaligned. NTSB Chariman Robert […]
CSX rolls out distributed power on unit coal trains in Appalachia NEWSWIRE
A 220-car loaded CSX Transportation coal train with mid-train distributed power rolls into St. Albans, W.Va., on Jan. 27, 2018. Chase Gunnoe HUNTINGTON, W.Va. — Unit coal trains in Appalachia are now running with distributed power less than two weeks after CSX Transportation officials indicated the increased use of the mid-train technology. Ed Harris, CSX’s […]
STB rules against CSX in rare rate-case win for a rail shipper NEWSWIRE
WASHINGTON — The Surface Transportation Board recently settled a carrier-shipper rate dispute in favor of the shipper, something that hasn’t happened in several years. The decision was in a case brought by Consumers Energy against CSX Transportation in January 2015. Consumers challenged the rates that CSX charged the Jackson, Mich.,-based utility to move Powder River […]
CSX to retain former B&O main over Sand Patch NEWSWIRE
CSX train Q261 glides through peak fall foliage it climbs the east slope of Sand Patch grade at Foley, Pa., in October 2011. This auto rack train originated at CSX’s Curtis Bay facility in Baltimore and will terminate in Lordstown, Ohio. Alex Mayes JACKSONVILLE, Fla. – CSX Transportation is no longer considering the former Baltimore […]
CSX reviewing 8,000 miles of rail lines for potential sale NEWSWIRE
CSX Transportation eastbound auto rack train Q264 slices through the fog on the former Boston & Albany route in Westfield, Mass., in 2008. The B&A, as well as branches in Massachusetts, are among the 8,000 miles CSX is reviewing for potential sale. Bill Stephens JACKSONVILLE, Fla. — CSX Transportation is reviewing 8,000 miles of rail […]
