CSX Corp.

CSX Postpones Investors Day, Sending Company Stock Sliding

CSX CEO Hunter Harrison Postponement of Investors Day sparked speculation about Harrison. (Chris Goodney/Bloomberg News)

Just one week after CSX Corp. delivered some positive news in its quarterly earnings report after service disruptions this summer, investor confidence was rocked again when the railroad carrier abruptly postponed the official Investors Day on Oct. 30.

Ari Ashe | Staff Reporter
October 26, 2017

CSX Treads Water in 3Q After Turbulent Summer

CSX double-stack train Freight railroads started earnings season on a positive note as CSX eeked out a small win. (TT File Photo)

The freight railroad industry began the earnings season on a positive note. CSX Corp. scratched out a small win and Canadian Pacific Railway easily surpassed year-ago levels as the industry continues to rebound in 2017.

Ari Ashe | Staff Reporter
October 18, 2017
Government, Business

Harrison Apologizes to Rail Shippers for Summer Service Disruptions

Harrison (right) CSX CEO Harris with COO Cindy Sanborn at STB on Oct 11. (Ari Ashe/Transport Topics)

WASHINGTON — CSX Corp. CEO Hunter Harrison apologized to railroad shippers at a U.S. Surface Transportation Board meeting Oct. 11, blaming layoffs prior to his arrival, the proxy battle to replace the prior leadership and employee resistance for lengthy service disruption during the summer.

Ari Ashe | Staff Reporter
October 11, 2017
Business, Logistics

Port of Virginia Begins CSX Service to New Pittsburgh Intermodal Terminal

CSX double-stack train TT File Photo

CSX Transportation on Sept. 7 opened an intermodal terminal outside of Pittsburgh, and now the Port of Virginia will serve Pennsylvania and Ohio via double-stack trains.

Transport Topics
September 24, 2017
Government, Business

Hurricane Irma Forces Postponement of Hearing Into CSX Service Woes

CSX train CSX Corp.

Due to the threat of Hurricane Irma, the Surface Transportation Board postponed a meeting scheduled for Sept. 12 to discuss CSX’s rail service woes this summer.

Ari Ashe | Staff Reporter
September 7, 2017
Government, Business, Logistics

Surface Transportation Board to Examine CSX Service Woes

CSX train Emmett Tullos/Flickr

The Surface Transportation Board will hold a special session to listen to CSX Corp. and railroad shippers discuss service disruptions since May that have ratcheted up the animosity between the sides in a public war of words.

Ari Ashe | Staff Reporter
August 28, 2017
Business, Logistics

CSX CEO Harrison Fires Back at Critics

Hunter Harrison Scott Eells/Bloomberg News

CSX Corp. CEO E. Hunter Harrison issued a stark rebuke of complaints about poor service, sending a scathing letter to a coalition of rail shippers, lawmakers in the U.S. Senate and House of Representatives and regulators at the Surface Transportation Board.

Ari Ashe | Staff Reporter
August 22, 2017
Government, Business

Federal Regulators, Railroad Shippers Ratchet Up Pressure on CSX to End Delays

CSX railroad train File Photo

Federal regulators and railroad shippers have turned up the heat on CSX Corp. over repeated service disruptions in a series of letters to and from Washington.

Ari Ashe | Staff Reporter
August 15, 2017