CSX

The transaction is part of the Commonwealth’s previously announced multi-billion dollar rail transportation initiative to improve service and infrastructure in the state.

CSX Corp. revenue for the fourth quarter decreased 2 percent from the prior year to $2.83 billion. Officials noted its intermodal growth was more than offset by lower fuel surcharge revenue and coal declines.

CSX earned a place on the Dow Jones Sustainability Index (DJSI) North America for the 10th consecutive year and was the only U.S. railroad to make the rankings.