Isabel Slows Trains

October 1, 2003 The Cross-Tie 0

WASHINGTON — Rail service along the eastern coast was slowed in September because of Hurricane Isabel. Amtrak, CSX, Norfolk Southern and other railroads between North Carolina and New York reported interruptions to their service due to the hurricane. Norfolk Southern implemented its contingency plan, taking extra safety precautions to assure the safety of employees and prevent damage to facilities, equipment, and shipments, the railroad said in a news release. This included moving equipment and shipments that have not yet placed within customer facilities, out of coastal and low lying areas prone to flooding. Likewise, CSX ceased some operations between Virginia

CSX Transportation Launches Track Maintenance Blitz

JACKSONVILLE, Fla. – During a nine-day blitz, CSX suspended operations on a key rail line from Elkhorn City, Ky., to Laurens, S.C., while hundreds of railroad employees performed track upgrades, highway-rail crossing improvements and bridge and tunnel repairs. The engineering “Jamboree,” which ran from June 30 through July 8, enabled CSX to complete in nine days what would take two months if train operations were not rerouted. This year’s Jamboree was the largest of several such events the railroad has held across its 23,000-mile rail network since 1999, and materials have been pre-staged during the past six months. “Jamborees have

CSX Relocates Headquarters

April 1, 2003 The Cross-Tie 0

CSX Corporation announced the relocation of its corporate headquarters to Jacksonville, Fla., from Richmond, Va., on Feb. 15. “This decision continues CSX’s strategic evolution from a multimodal transportation company to a streamlined enterprise with greater focus on our railroad,” said Michael J. Ward, CSX chairman, president and chief executive officer. “As a result, we no longer need a central location for our holding company, and it makes business sense to locate the corporate headquarters in the same city as the major operating unit, CSX Transportation. “We have a deep and lasting gratitude for the relationships formed in Richmond and will

CSXT Modifies Fuel Cost Recovery Program

March 25, 2003 Railfanning.org News Wire 0

JACKSONVILLE, Fla. – In an effort to more quickly respond to changing market conditions and the continued volatility in fuel prices, CSX Transportation (CSXT) announced today modifications to its fuel cost recovery program. After the transition to the new program, CSXT’s fuel surcharges will be applied in smaller increments, on a more real-time basis, consistent with increases or decreases in fuel prices. With the changes, CSXT will no longer only adjust surcharges in 2 percnt increments for every $5/barrel change in crude oil prices. Instead, the surcharge will be adjusted up or down 0.4 percent for every dollar increase or

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