JACKSONVILLE, Fla. — CSX’s police and security team will meet with representatives of the Commission on Accreditation for Law Enforcement Agencies Inc. (CALEA) as part of re-accreditation in law enforcement standards. Currently, the CSX Police Department is the only U.S. based freight railroad police department to have met the more than 450 required best practice standards. The re-accreditation process includes headquarters and field visits, and public access telephone call-in sessions during which people are invited to comment on their perceptions of CSX’s police activities and the company’s Public Safety Coordination Center. “We invite the public to call in and participate
JACKSONVILLE, Fla. — CSX Intermodal Terminals and EMH&T have won the American Council of Engineering Companies (ACEC) of Ohio “2012 Engineering Excellence Outstanding Achievement Award” for the design of CSX Intermodal Terminal’s Northwest Ohio intermodal terminal. CSX worked closely with EMH&T to design the Northwest Ohio facility, which uses cutting-edge technologies and green design, including ultra-efficient electric cranes that lower emissions, optical scanners that reduce truck idling times and automated car tracking technologies and remote switches that increase operational efficiency. “CSX is proud to accept this distinguished honor,” said Wilby Whitt, president of CSX Intermodal Terminals. “CSX appreciates the continued
JACKSONVILLE, Fla. — CSX Corp. announced the selection of the John W. Kelsey Business and Technology Park in Greenville, Ill., as one of its first certified CSX Select Sites. CSX has introduced CSX Select Sites to offer customers an easy way to access certified, rail-ready properties for a variety of industrial uses. “These sites represent many of the best manufacturing properties along CSX’s rail network in the eastern U.S.,” explained Clark Robertson, CSX Assistant Vice President – Regional Development. “The Select Site designation promotes shorter decision timelines, increased speed to market, and lower up-front development risk for companies seeking industrial
JACKSONVILLE, Fla. — CSX Corp. announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This represents a 23 percent year-over-year improvement in earnings per share. “CSX is off to a fast start in a year that will be dynamic and challenging,” said Michael J. Ward, chairman, president and chief executive officer of CSX. “A significant majority of our transportation markets are performing very well and our operations are delivering excellent results.” Revenue in the quarter improved 6 percent from the prior year to nearly
For years, the famed “Murmur Trestle” in Athens, Ga., has attracted R.E.M. fans from around the globe. But, time may be running out for the 130-year-old trestle, The Wall Street Journal reported.
JACKSONVILLE, Fla. — CSX Corp. announced second quarter net earnings of $506 million, or $0.46 per share, versus $414 million, or $0.36 per share, in the same period last year. This represents a 28 percent year-over-year improvement in earnings per share.
JACKSONVILLE, Fla. — The CSX Corp. Board of Directors authorized an increase in 2011 capital investment for certain asset purchases – primarily railcars to meet the growing near- and long-term demand for export coal.
JACKSONVILLE, Fla. — CSX Corp. announced the promotion of David Baggs to vice president capital markets and investor relations, effective immediately. Previously, he was assistant vice president treasury and investor relations.