CSX

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CSX

CSX Congratulates Second-Annual Environmental Award Winners

April 23, 2010 Railfanning.org News Wire
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
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CSX

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

April 13, 2010 Railfanning.org News Wire
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
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BNSF

AAR: Rail Carload Freight Reaches Highest Level in More Than a Year

March 7, 2010 Railfanning.org News Wire
WASHINGTON — Carload freight volume on U.S. railroads reached its highest level in more than a year during the week ended Feb. 27, the Association of American Railroads reported. U.S. railroads originated 290,261 carloads during the week ended Feb. 27, up 2.6 percent from the comparable week in 2009 and the highest level reported since the week ended Dec. 6, 2008. However, the total was still down 13.5 percent from comparison week in 2008. In order to offer a complete picture of the progress in rail traffic, AAR now reports 2010 weekly rail traffic with comparison weeks in both 2009