Railroad
Surface Transportation Board to Examine CSX Service Woes
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.
CSX CEO Harrison Fires Back at Critics
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.
Federal Regulators, Railroad Shippers Ratchet Up Pressure on CSX to End Delays
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.
CSX Layoffs Hit Chicago Switching Yard Amid National Cost-Cutting Moves, Union Says
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.
CSX Service Delays Vex Shippers
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.
CSX Rail Hub in North Carolina Expected to Create 1,500 Jobs
An intermodal CSX rail hub proposed for Rocky Mount will bring 1,500 jobs to North Carolina.
August 7, 2017Changes at CSX Bring Complaints and Slowdown
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.
CSX Doubles Down on North Carolina Intermodal Investments
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.
July 21, 2017Analysis: CSX Profit Chugs Along, but Could Come at a Price
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?
Harrison’s First Quarter as CEO of CSX Successful as Profits Increase 15%
Hunter Harrison’s first full quarter at the helm of CSX was successful as profits surged 15% year-over-year.