csx
Business, Logistics, TCA

Teamsters Hold Public Picket Against CSX Future Health Benefits

Brotherhood of Maintenance of Way Employes

A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to “drastically reduce our health insurance benefits.”

Drew Dixon | The Florida Times-Union (Jacksonville, Fla.)
October 31, 2017
Business, Logistics, TCA

CSX Layoffs Hit Chicago Switching Yard Amid National Cost-Cutting Moves, Union Says

CSX Train Franklin Campbell/Flickr

Railroad giant CSX, which is under fire from regulators for operating changes that have disrupted its freight service nationwide, laid off more than 6o employees this week at its primary Chicago switching yard, according to the workers’ union.

Robert Channick | Chicago Tribune
August 10, 2017
Business

CSX Service Delays Vex Shippers

CSX train Extended service delays have shippers fed up. (CSX Corp.)

Shippers frustrated with CSX Corp. deterring railroad service and extended delays are choosing to move some shipments to trucks to satisfy their urgent transportation needs, according to industry insiders.

Ari Ashe | Staff Reporter
August 9, 2017
Business, Logistics, TCA

CSX Rail Hub in North Carolina Expected to Create 1,500 Jobs

CSX Train Timothy Vogel/Flickr

An intermodal CSX rail hub proposed for Rocky Mount will bring 1,500 jobs to North Carolina.

August 7, 2017
Business, Logistics, TCA

Changes at CSX Bring Complaints and Slowdown

Hunter Harrison Scott Eells/Bloomberg News

CSX’s efforts to streamline its operations have brought complaints from customers about deteriorating service. But the head of the railroad is blaming the problems on resistance to change within the company.

Roger Bull | The Florida Times-Union (Jacksonville, Fla.)
August 2, 2017
Business

CSX Doubles Down on North Carolina Intermodal Investments

CSX train Emmett Tullos/Flickr

Intermodal service is set for the Port of Wilmington, N.C., with daily CSX service to Charlotte. The first double-stack trains are due to begin operating July 28.

Transport Topics
July 21, 2017
Business, Logistics

Analysis: CSX Profit Chugs Along, but Could Come at a Price

CSX railcar Stanley Forthright/Flickr

CSX Corp. investors who endorsed a massive pay package to bring railroad wunderkind Hunter Harrison on board as CEO are already seeing the payoff. The question is, at what cost?

Brooke Sutherland | Bloomberg News
July 19, 2017
Business

Harrison’s First Quarter as CEO of CSX Successful as Profits Increase 15%

Hunter Harrison Norm Betts/Bloomberg News

Hunter Harrison’s first full quarter at the helm of CSX was successful as profits surged 15% year-over-year.

Ari Ashe | Staff Reporter
July 18, 2017

CSX Officially Agrees to Pay $84 Million to Keep Hunter Harrison

Norm Betts/Bloomberg News

CSX Corp. has officially agreed to pay $84 million as part of the process to bring Hunter Harrison on board as the CEO, executing an agreement on June 16 that shareholders approved earlier in the month.

Transport Topics
June 16, 2017

CSX Shareholders Approve $84 Million Payday to Harrison Despite Health Concerns

Norm Betts/Bloomberg News

Despite some concerns in recent weeks about the health of CSX CEO Hunter Harrison, 72, shareholders overwhelmingly approved a resolution to pay him $84 million to recoup money he forfeited when he left Canadian Pacific Railway in January.

Transport Topics
June 5, 2017

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