CSX

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CSX Intermodal and Union Pacific Railroad Announce UMAX Domestic Interline Container Program

February 25, 2010 Railfanning.org News Wire

JACKSONVILLE, Fla. — UMAX, a new domestic interline container program created by CSX Intermodal and Union Pacific Railroad, will provide customers access to more than 20,000 containers and expanded market reach across North America. UMAX will feature more than 600 service lanes supported by faster and more frequent train schedules. UMAX launches March 29, 2010. “UMAX will offer extensive market access and expanded capacity across a nationwide intermodal network,” said John Kaiser, Union Pacific vice president and general manager – Intermodal. “Union Pacific and CSX Intermodal are committed to delivering market-competitive service and value to our customers, providing truck-competitive schedules

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CSX Corporation Announces Offers to Exchange Outstanding Debt Securities for New Notes and Cash

February 22, 2010 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced the commencement of private offers to exchange certain of its outstanding debt securities for a new series of 6.220 percent notes due 2040 and cash. The Exchange Offers are being conducted upon the terms and subject to the conditions set forth in the offering memorandum dated February 22, 2010 and the related letter of transmittal. The Exchange Offers are only made, and copies of the offering documents will only be made available, to a holder of the Existing Notes who has certified its status as a “qualified institutional buyer” as defined in Rule 144A

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CSX Announces Fourth Quarter and Full-Year 2009 Earnings

February 17, 2010 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced fourth quarter earnings from continuing operations of $305 million, or 77 cents a share, versus $361 million, or 92 cents a share, in the same period last year. Fourth quarter revenue of $2.3 billion was 13 percent down from the prior year. This was driven by a 7 percent overall decline in volume as growth in the intermodal and automotive sectors was more than offset by declines in coal and merchandise. In addition, lower fuel prices led to decreased fuel surcharge recovery. Despite these factors, core pricing remained strong, reflecting high service levels and

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Robertson Named CSX AVP-Regional Development

February 17, 2010 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation announced that Clark Robertson, a veteran of commercial real estate investment and management, has joined the company as Assistant Vice President-Regional Development. Robertson, who has significant experience in business development of port, intermodal and industrial properties and facilities, will report to Fredrik Eliasson, Vice President-Emerging Markets. Robertson was most recently First Vice President at ProLogis where he was responsible for several strategic alliances with marine ports and railroads. His 25-year career has also included work at Cherokee Investment Partners, The Broe Companies and Trammell Crow. “We are pleased to welcome Clark Robertson to CSX Transportation

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CSXT: Economic Development Efforts Drive Job Creation

January 25, 2010 Railfanning.org News Wire

JACKSONVILLE, Fla. — Placing a substantial vote of confidence in rail transportation, customers committed to 92 new or expanded facilities on CSX Transportation (CSXT) lines in 2009. Upon completion, these projects will create nearly 1,400 new jobs, the company said. Located in 18 states and across markets that include energy, consumer goods and manufacturing, the projects ultimately will contribute $138 million in revenue, said Fredrik Eliasson, vice president-emerging markets. The facilities will be built on both CSXT lines and on some of the more than 230 short lines and regional railroads that connect to CSXT. “These projects collectively represent more

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CSX, Georgia Formalize Railroad Security Partnership

January 11, 2010 Railfanning.org News Wire

ATLANTA – CSX Transportation and the state of Georgia have agreed to a “unique public-private” railroad security partnership they say will help protect the communities located along the railroad’s tracks. Under the “SecureNOW” partnership, the Georgia Emergency Management Agency-Office of Homeland Security can access CSXT’s Network Operations Workstation System. The secure, online system was developed CSXT and allows state and local officials to track the location of CSXT trains and their contents. In return, CSXT – which operates about 2,700 miles of rail lines in Georgia and has major rail yards in Atlanta, Savannah and Waycross – will work with

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CSX Comments on Florida Rail Plan

December 8, 2009 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corporation today released the following statement following the Florida Legislature’s action on the statewide rail plan: “CSX Corporation commends the Florida Legislature for endorsing this important investment in the future of our home state,” the company said. “Legislative approval of the comprehensive statewide rail legislation is an important step toward fully leveraging the efficient and environmentally friendly benefits of rail. This investment will have tremendous benefits for Florida’s economy by creating jobs and increasing the state’s economic competitiveness by moving both passengers and freight more effectively. “CSX will continue to work with Florida’s elected leaders to

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Improved Philadelphia Freight Rail Route Expands Transportation Options, Reduces CO2 Emissions and Alleviates Traffic

November 16, 2009 Railfanning.org News Wire

PHILADELPHIA — Pennsylvania Governor Edward G. Rendell, Philadelphia Mayor Michael Nutter and CSX Chairman, President and CEO Michael J. Ward joined together to celebrate the construction of an improved rail route that generates hundreds of jobs. The completed project will create an improved double-stack rail corridor to expand Philadelphia’s freight transportation options and position the region for future growth. The event was held at an active rail construction site in Philadelphia where workers are increasing clearances at 16 overhead bridges. By improving clearances, this project will allow a faster, more efficient rail connection with the Midwest, and will create over