Railroad
Norfolk Southern, CSX Say They Won't Make 2018 Deadline for Train-Control Safety System
CSX Corp. and Norfolk Southern Corp. told the Federal Railroad Administration they won't make the 2018 deadline for full implementation of positive train control.
Proposed North Carolina CSX Container Hub Meets Opposition
When CSX announced earlier this month that it would build a $272 million container hub in Johnston County, Jennifer Edwards found out at the same time as everyone else — but in a much different way.
CSX to Close Administrative Division in West Virginia
CSX will close administrative offices in Huntington, the company said Jan. 18.
CSX to Build East Coast Intermodal Hub in North Carolina
Railroad behemoth CSX on Jan. 14 said it would make Johnston County, North Carolina, an East Coast hub for shipping and receiving cargo containers.
CSX Fourth-Quarter Net Income Falls; Weaker 2016 Results Expected
CSX Corp. reported fourth-quarter net income fell 5% to $466 million, or 48 cents per share, and announced that this year’s earnings are expected to trail 2015.
January 13, 2016CSX Names Piacente to Lead Intermodal Unit
CSX Corp. named Dean Piacente as vice president of intermodal to replace William Clement, who has left the railroad, and also announced other management changes.
January 12, 2016CSX to Cut 300 Jobs as Coal Freight Drops
CSX Corp. plans to cut 300 jobs at Erwin, Tennessee, in response to a steady decline in coal traffic.
October 16, 2015J.B. Hunt 3Q Earnings Rise 12%; CSX Profit Dips
J.B. Hunt Transport Services Inc. raised third-quarter net income 12% to $115.1 million, or 99 cents per share, as profit margins improved in all operating units.
October 14, 2015Broken Rail Caused CSX Derailment in West Virginia, Officials Say
The Department of Transportation's Federal Railroad Administration said the Feb. 16 derailment in Mount Carbon, West Virginia, was caused by a rail defect that was overlooked during two inspections.
October 9, 2015Two US Railroads Advance Intermodal Projects
CSX Corp. and Kansas City Southern have announced new facility advancement projects that are intended to handle more truck/rail freight.
August 3, 2015