No Picture
CSX

CSX Corporation Chief Executive Officer Says U.S. Must Act Aggressively to Modernize Its Infrastructure

LOS ANGELES — The U.S. must make a renewed and aggressive national commitment to modernize its infrastructure in order to keep its leading position in the global economy, Michael Ward, CSX Corporation’s chairman, president and chief executive officer said this morning as part of a panel discussion on “Investing in Global Infrastructure” at the Milken Institute Global Conference. “The quality of America’s infrastructure has long been one of the key reasons for its stunning success in the global marketplace,” Ward said. “Other nations are making serious forward-looking investments. The U.S. needs to do the same and do a better job
No Picture
CSX

CSX Congratulates Second-Annual Environmental Award Winners

JACKSONVILLE, Fla. — CSX congratulated the winners of its second-annual Environmental Awards, highlighting customers whose commitment to a “green” supply chain includes reducing carbon emissions by shipping via CSX. The awards will be presented this evening in Jacksonville, Florida, as part of the company’s week-long Earth Day celebration. CSX is recognizing 29 customers who together avoided over 900,000 tons of carbon dioxide emissions by shipping with CSX. The emissions avoided by this group has the same positive environmental impact as removing over 150,000 passenger vehicles from the roads for a year. The awards specifically recognize customers who led their industries
No Picture
CSX

CSX Announces 22% Increase in First Quarter Earnings Per Share from Continuing Operations

JACKSONVILLE, Fla. — CSX Corp. announced first quarter earnings per share from continuing operations of $306 million, or 78 cents per share, versus $254 million, or 64 cents per share, in the same period last year. This represents a 22 percent year-over-year improvement in earnings per share from continuing operations. “CSX drove strong efficiencies in its operations and produced outstanding results as the economy continued to recover,” said Michael J. Ward, chairman, president and chief executive officer. “We are particularly proud of our excellent safety performance in the quarter, as our employees achieved record results in one of America’s safest