CSX
CSX
CSX
Study Pegs Economic Impact of N. Charleston Rail Plan at $73.4 Million Statewide
NORTH CHARLESTON, S.C. — An economic impact study released by a public-private partnership concludes that an intermodal rail and warehousing complex at the Cooper Yard/Macalloy site would create hundreds of permanent jobs from the Lowcountry to the Upstate, as well as generate millions of dollars annually for the State of South Carolina.
Amtrak
CSX
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