JACKSONVILLE, Fla. — Now that E. Hunter Harrison is calling the shots at CSX Transportation headquarters, he faces the same daunting problem that former CEO Michael Ward had to grapple with: How to replace nearly $2 billion in coal revenue that vanished over the past five years and is likely gone for good. Ward’s answer […]
Tag: CSX
Hunter Harrison named CEO at CSX Transportation NEWSWIRE
E. Hunter Harrison Associated Press JACKSONVILLE, Fla. — E. Hunter Harrison was named the CEO of CSX Transportation today, less than seven weeks after stepping down early from the top job at Canadian Pacific. Harrison, 72 — widely regarded as the industry’s best operations CEO — will begin immediately, CSX said today. He transformed Illinois […]
UPDATE: CSX management layoffs to save company $175 million annually NEWSWIRE
JACKSONVILLE, Fla. – CSX Transportation expects to save at least $175 million annually by laying off more than 20 percent of its management employees, the railroad said in a regulatory filing on Monday. The reduction of up to 1,000 management positions, announced last week, is expected to be complete by the middle of March, the […]
Baltimore & Ohio steam in Ohio
Watch video clips of B&O locomotives in action and being serviced from the Herron Rail Video program Steam and Diesel on the Baltimore & Ohio. […]
At CSX, Harrison would be among the highest-paid CEOs in the country NEWSWIRE
The compensation package E. Hunter Harrison is seeking from CSX Transportation would likely rank him among the highest paid CEOs in the nation. The latest available information on CEO pay nationwide is from 2015. Harrison is seeking a four-year contract worth more than $300 million. Although CSX said most of Harrison’s compensation would come in […]
Baltimore & Ohio steam in Ohio
Watch video clips of B&O locomotives in action and being serviced from the Herron Rail Video program Steam and Diesel on the Baltimore & Ohio. […]
CSX takes delivery of first SD40E3 ‘Eco’ units NEWSWIRE
CSX SD40E3 No. 1700 idles at the railroad’s Tilford Yard in Atlanta in January 2017. James F. Jackson ATLANTA – CSX Transportation is the latest Class I railroad to take possession of six-axle ‘Eco’ locomotives for use in local and yard service. Progress Rail recently rebuilt 13 former CSX EMD SD40-2 locomotives into a new […]
CSX eyes major new Chicago intermodal ramp NEWSWIRE
Crete, Ill. Google Maps CHICAGO — The perennial problem of train and truck congestion in the Chicago region might have a major new safety valve if plans proceed for a new CSX Transportation intermodal ramp in the region. CSX is planning for a new ramp outside of the village of Crete, 33 miles south of […]
CP agreement: Hunter’s open options include CSX, NS, and KCS NEWSWIRE
E. Hunter Harrison Associated Press CALGARY, Alberta – Former Canadian Pacific CEO E. Hunter Harrison is barred from heading to Canadian National, BNSF Railway, and Union Pacific, CP disclosed in a regulatory filing today. That leaves open the possibility that Harrison could seek management opportunities at CSX Transportation — as reported — or Norfolk Southern […]
CSX’s Ward says one-person crews are ‘inevitable’ NEWSWIRE
CSX Corp. Chairman Michael Ward CSX Transportation JACKSONVILLE, Fla. — During a conference call with financial analysts and investors this morning, CSX Transportation CEO Michael Ward says that smaller crews are “inevitable.” Ward was responding to a question about whether railroads will be able to reduce crew sizes in response to autonomous trucks, which are […]
More in-cab cameras coming for crews in the East NEWSWIRE
A CSX Transportation 90-car unit grain train rolls past R.J. Cabin near Wurtland, Ky., on CSX’s Northern Subdivision. The train is en route to North Carolina from Indiana. More CSX and Norfolk Southern locomotives will soon be equipped with inward facing cameras and cell phone detectors. Chase Gunnoe CHARLESTON, W.Va. — The two eastern Class […]
CSX to restore, paint ex-C&O SD40 for operation on Virginia short line NEWSWIRE
CSX SD40 No. 4617 rolls west through St. Albans, W.Va., with a NS EMD GP50. The locomotive would be repainted into CSX years later before ultimately being retired and sidelined at the railroad’s Cumberland, Md., shops. Chase Gunnoe CLIFTON FORGE, Va. — Chesapeake & Ohio blue-and-gold will once again haul freight through the Commonwealth of […]
