Amtrak
CSX
CSX
CSX Corporation Announces Extension of Exchange Offer
JACKSONVILLE, Fla. — CSX Corp. has announced an extension of the offer to exchange up to $660 million of its issued and outstanding 6.220 percent notes due 2040 for a like principal amount of its 6.220 percent notes due 2040, which have been registered under the Securities Act of 1933. CSX has extended the exchange offer related to the Notes so that it will now expire at 5:00 p.m. New York City time on July 15. Copies of the exchange offer documents can be obtained by contacting The Bank of New York Mellon Trust Company, N.A., the exchange agent for
CSX
CSX Corporation Declares Quarterly Dividend
JACKSONVILLE, Fla. — The Board of Directors of CSX Corp. has approved a $0.24 per share quarterly dividend on the company’s common stock. The dividend is payable on September 15, 2010, to shareholders of record at the close of business on Aug. 31.
CSX
CSX Announces Second Quarter Earnings
JACKSONVILLE, Fla. — CSX Corp. announced second quarter earnings from continuing operations of $414 million, or $1.07 per share, versus $282 million, or $0.71 per share, in the same period last year. This represents a 51 percent year-over-year improvement in earnings per share from continuing operations. “While the economy remains dynamic, our markets overall continue to improve, and our outlook remains positive,” said Michael J. Ward, chairman, president and chief executive officer. “At the same time, CSX has demonstrated that it can be successful in a wide array of economic conditions, and that’s what we will continue to do.” Revenue
CSX
CSX Annual Coal Route Maintenance Work Complete
JACKSONVILLE, Fla. — Nearly 1,000 CSX Transportation Engineering employees completed the annual coal route maintenance project this week. Track maintenance teams worked their way across the Appalachian coal route which includes Kentucky, West Virginia, Tennessee, New York, North Carolina, and South Carolina. Demand for coal remains strong, and on a typical day as many as 50 trains make their way across this important corridor. During this intense maintenance operation, workers installed new rail, and more than 133,000 ties. Ties cover nearly 113 miles of main line track, plus several auxiliary tracks. Crews also re-surfaced an additional 150 miles of track,
CSX
CSX Reminds Travelers of Importance of Rail Safety During Holiday Weekend
JACKSONVILLE, Fla. — As the July 4th holiday approaches, CSX Corp. is reminding people to use common sense and extreme caution around railroad tracks and crossings. According to the Federal Railroad Administration, injuries and fatalities associated with trespassing on railroad property are significant, with nearly 1,800 fatalities in the past ten years. The rail safety education group Operation Lifesaver reports that a motorist is almost 20 times more likely to die in a crash involving a train than in a collision involving another motor vehicle. The chance of serious accidents increases during the summer, as children are out of school
CSX
Pamela L. Carter Elected to CSX Corporation Board of Directors
JACKSONVILLE, Fla. — CSX Corp. announced that Pamela L. Carter has been appointed to the company’s board of directors, effective June 29, 2010. Carter will serve on the company’s Governance Committee and Operations and Public Affairs Committee. Carter is President of Cummins Distribution, a $1.8 billion division of Cummins Inc., a position she has held since 2008. She joined Cummins in 1997 and has held a variety of leadership positions in the company. Prior to her career with Cummins, Carter served in several capacities with the State of Indiana. She was the first African-American woman elected to the office of
CSX
CSX Obtains LEED Green Building Certification
JACKSONVILLE, Fla. — CSX Corp. has obtained its first LEED green building certification from the U.S. Green Business Council. The LEED® certified building is a newly constructed 22,500-square-foot division headquarters in Florence, South Carolina, which includes 32 offices, a large conference room, a fitness center and a dispatch center. “CSX is committed to implementing innovative and sustainable practices throughout the company’s network,” said W. Wayne Bostic, AIA, CSX director of facility design. “Reducing our carbon footprint is a major focus of our everyday operations and that translates to constructing facilities which are environmentally-friendly.” The building, constructed by Breaking Ground Contracting