CSX

JACKSONVILLE, Fla. — Building on the momentum in its business performance and the positive outlook for freight rail transportation, CSX Corp. provided additional financial guidance at its Investor and Financial Analyst Conference in Detroit.

JACKSONVILLE — CSX Transportation presented its Partnershipping Award to the Okefenokee Area Development Authority (OADA) in recognition of its work to locate a new wood pellet production facility in Waycross, Ga., that will be served by CSX.

JACKSONVILLE, Fla. — CSX Transportation commended Richard J. Spatafore, division engineer,Jacksonville, for receiving the 2010 Association of American Railroads’ John H. Chafee Environmental Excellence Award.

JACKSONVILLE, Fla. — CSX Corp. announced that its Board of Directors has approved a 3-for-1 stock split, a 38 percent increase in the quarterly dividend on its common stock, and a $2 billion share buyback program.

JACKSONVILLE, Fla. — CSX Corp. announced first quarter net earnings of $395 million, or $1.06 per share, versus $305 million, or $0.78 per share, in the same period last year. This represents a 36 percent year-over-year improvement in earnings per share.

JACKSONVILLE, Fla. — CSX Transportation announced the 59 winners of its annual Chemical Safety Excellence Award (CSEA), which recognizes customers’ commitment to the safe transportation of hazardous materials by rail through safe loading and maintenance of rail cars.