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CSX

Marshall University Receives FRA Grant to Test Mobile Integrated Track Technology

WASHINGTON — Marshall University in West Virginia is receiving a $286,650 grant from the Federal Railroad Administration to demonstrate and test the integration of different track inspection technologies on a mobile platform or high-rail vehicle to assist rail inspectors in identifying track flaws. The project will combine high-accuracy differential GPS with technologies that can evaluate subsurface areas under the track ballast, identify potential track buckling locations, measure track gage widths, and assess weak rail segments among other capabilities. Marshall University is partnering with CSX Transportation in the performance of this project.

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CSX Reports on Track Inspections Following Gustav

JACKSONVILLE, Fla. — CSX Transportation (CSXT) has completed its initial inspection of track and terminals in the Gulf Coast region impacted by Hurricane Gustav. Though no significant damage occurred to any of CSXT’s bridges or terminals, the company has identified at least 21 miles of track with substantial impact. Repairs to the track damage, which begins about 10 miles east of New Orleans, will require at least two weeks. As a result, a daily average of 7-10 trains will continue to be rerouted through alternative gateways at Memphis, Tenn.; Birmingham, Ala.; and East St. Louis, Ill. Due to traffic routed

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CSXI Celebrates National Driver Appreciation Week

JACKSONVILLE, Fla. — As part of National Truck Driver Appreciation Week, CSX Intermodal (CSXI) is paying tribute to its owner-operators with events at many of the terminals where trains exchange containers and trailers with trucks. Truck drivers arriving at many of CSXI’s 40 terminals are greeted by banners proclaiming “thank you.” Meals are being served and gifts ranging from commemorative caps to sunglasses and tread gauges are being handed out. “Professional truck drivers are critical to our nation’s supply chain,” said Jim Hertwig, CSX Intermodal president, who rode with drivers in New Jersey and Chicago on deliveries of freight that

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CSXT Names Central Florida Businessman to State Post

JACKSONVILLE, Fla.  — CSX Transportation has appointed Bob O’Malley, a public affairs executive in Central Florida, to a new position as resident vice president-state government affairs for Florida. The role is new, and will complement the company’s efforts in the Southeast. In that regard, O’Malley will work in close partnership with Craig Camuso, the Atlanta-based regional vice president-Southeast. Both will report to Mike O’Malley (no relation), vice president-state government and community affairs, in Jacksonville. Bob O’Malley, who will maintain offices in Orlando, will be responsible for all Florida legislative and community initiatives. “We are pleased to have someone of Bob’s

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CSX

CSXT Appoints Mike Smith, Vice President – Network Operations

JACKSONVILLE, Fla. — CSX Transportation announced that Mike Smith, assistant vice president — crew management, has been appointed vice president — network operations, replacing Jim Snyder, who officially retires Aug. 1. “This change recognizes the significant contributions that Mike has made to our Operations team and the leadership he has provided,” said Tony Ingram, executive vice president and chief operating officer, CSX Corporation. “This change in leadership in the CSXT Network Operations team is designed to build on the consistent, continuous improvements underway in safety and service.” Smith’s areas of responsibility will include network, train dispatching, coal, bulk and locomotive

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CSX Board Invites Three New Members to Join Immediately and Pursues Prompt Completion of Director Elections

JACKSONVILLE, Fla. — CSX Corp. announced that its Board of Directors has invited John D. McPherson and TCI Group nominees Gilbert H. Lamphere and Alexandre Behring to join the Board immediately. These individuals would replace Southwood J. Morcott, Robert D. Kunisch and Elizabeth E. Bailey, each of whom has resigned effective upon his or her replacement taking office. The announcement was made today at the Company’s reconvened 2008 annual meeting. “We look forward to welcoming the new Board members and working together to continue delivering record performance for all shareholders,” said Michael J. Ward, Chairman of the Board of CSX

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CSX

CSX Issues Statement Regarding TCI Group Letter

JACKSONVILLE, Fla. — CSX Corp. the following statement in response to a letter sent by the TCI Group to the CSX Board of Directors, making three points: “First, vote counts in contested elections always take time. The time period for this review is not unusual. The value of the process has been proved in the fact that the process has already identified errors in the preliminary report, which have been confirmed by the independent inspector of election. The review continues in good faith.” “Second, the uncertainty in the vote count is significant enough to matter to the ultimate composition of

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CSX Announces Preliminary Voting Results for 2008 Annual Meeting of Shareholders

JACKSONVILLE, Fla. — CSX Corp. announced that the preliminary report of IVS Associates, Inc. (IVS), the independent inspector of election for CSX’s 2008 annual meeting of shareholders, indicates that Board nominees Donna M. Alvarado, John B. Breaux, Steven T. Halverson, Edward J. Kelly III, John D. McPherson, David M. Ratcliffe, Donald J. Shepard, and Michael J. Ward, and TCI Group nominees Alexandre Behring, Christopher Hohn, Gilbert H. Lamphere and Timothy T. O’Toole are the twelve nominees to the Board who received the most votes cast at the meeting. In addition, based on the independent inspector’s preliminary review of proxies submitted,

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CSX Reports Record Second Quarter Earnings

JACKSONVILLE, Fla. — CSX Corp. reported second quarter 2008 earnings of $385 million, or a record 93 cents per share. Last year CSX reported second quarter earnings of $324 million, or 71 cents per share. Second quarter 2008 results included 4 cents per share associated with the resolution of certain tax matters. On a comparable basis, excluding this item, second quarter EPS was up 25 percent from a year ago. “CSX continues to deliver significant value for shareholders and demonstrate the secular strength of our business,” said Michael Ward, chairman, president and CEO. “The strong earnings performance delivered by this

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CSX

Residents Urged to Stay Off Railroad Tracks, Reminded to Always Expect a Train

JACKSONVILLE, Fla. — With summer activities in full swing, CSX Transportation (CSXT) asks you to stay safe and stay off railroad tracks. That means to enjoy activities such as picnics and fireworks somewhere other than railroad tracks and property, where hundreds of people are killed or injured nationwide each year. “Trains do not take holidays,” said Cliff Stayton, CSXT director of Public Safety Awareness. “In fact, CSXT trains will be running on July 4. For safety’s sake, residents should stay away from all railroad property. Always expect a train.” Consider the following facts about the dangers of trespassing on railroad