America’s freight railroads are investing in facilities, technology and programs to meet the country’s growing consumption and transportation needs, CSX chairman, president and chief executive officer Michael Ward told an audience of more than 200 business and policy leaders at a Harvard Business School (HBS) panel.
WILLARD, Ohio, Nov. 28, 2013 /PRNewswire/ — Fire Chief Joe Reiderman today lifted the evacuation and allowed most residents to return to their homes following a derailment late Tuesday night. Most residents were given the all-clear at 3:00 p.m. after significant progress in clearing the CSX Transportation derailment, which spilled approximately 13,000 gallons of styrene monomer, a flammable product used in the production of plastics and rubber. “On this Thanksgiving Day, when we remember our blessings, it gives me great pleasure to tell our neighbors that it’s safe to return to their homes,” Chief Reiderman said. “I want to thank our
JACKSONVILLE, Fla., Nov. 22, 2013 /PRNewswire/ — Cindy Sanborn, CSX (NYSE: CSX) vice president and chief transportation officer, today told the RailTrends annual conference in New York City that a stronger focus on customer collaboration and improved utilization of key resources such as locomotives and rail cars are contributing to the company’s ability to respond effectively to market changes. “Growth in our merchandise and intermodal sectors – the most service-sensitive parts of our business – means that the dual goal of focusing on asset utilization while gathering customer feedback is imperative to continue delivering the high levels of service to which
JACKSONVILLE, Fla., Nov. 6, 2013 /PRNewswire/ — Fredrik Eliasson, CSX (NYSE: CSX) executive vice president and chief financial officer, discussed the company’s recent financial performance today at the Baird Industrials Conference in Chicago, Ill. Eliasson reiterated expectations for 2013 earnings per share growth that will be slightly up from last year despite continued headwinds in both the export and domestic coal markets. “The CSX team continues to overcome significant headwinds as the energy markets evolve in favor of natural gas and away from coal,” said Eliasson. “During this transition, we have still been able to generate earnings per share growth and value
LANCASTER, Pa., Oct. 31, 2013 /PRNewswire/ — In a private ceremony today attended by Norfolk Southern (NYSE: NSC) CEO Wick Moorman, Lt. Governor Jim Cawley, State Senator Tommy Tomlinson, Drexel University President John Fry, and numerous government and business officials, family and friends, NS renamed its Dillerville Yard here in honor of H. Craig Lewis. After serving as state senator for the 6th District in Bucks County for five terms (1975-1994), Lewis joined NS as vice president corporate affairs in 1997, retiring from the railroad in 2009. He died unexpectedly earlier this year. “Because of his experience and respect from both sides