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CSX

Union Pacific Railroad, CSXT Launch RailChem Connect Between Texas and Southeast to Benefit Chemicals Customers

JACKSONVILLE, Fla. — Union Pacific Railroad and CSX Transportation have launched RailChem Connect, a coordinated rail service for expedited transport of chemicals between the Texas Gulf Coast region and the Southeast. The new RailChem Connect service is the result of increased coordination and re-designed interline service by the two railroads for their chemicals market customers.  The service allows shipments to bypass smaller rail yards for expedited transit between major hubs. These changes, along with increased operations coordination between the railroads, increase reliability of east- and west-bound service between Union Pacific-served chemical markets such as Houston, southern Texas and Louisiana, and CSXT-served

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CSX

CSXT Employee Wins Rail Industry’s Professional Environmental Award

JACKSONVILLE, Fla. — The Association of American Railroads (AAR) presented its top award for environmental professionals, the 2009 North American Environmental Employee Excellence Award, to Paul J. Kurzanski, manager of environmental remediation at CSX Transportation. Kurzanski was one of six railroad industry individuals nominated. This is the fifth time in the last seven years that a CSXT employee has been honored with the AAR’s Environmental Employee Excellence Award. Kurzanski received the award during an annual railroad environmental conference. A 30-year railroad veteran, Kurzanski’s accomplishments include the successful management of approximately 125 environmental remediation projects in six states (Illinois, Indiana, Kentucky,

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CSX

New CSX Intermodal Services Link Buffalo with Major East Coast Ports

BUFFALO, N.Y. — CSX Intermodal (CSXI) has begun two new international services that link Buffalo, N.Y., to the Port Authority of New York and New Jersey (PANYNJ) and Philadelphia, Pa. The services, which started Sept. 21, utilize the new CSXI Buffalo Terminal opened in 2008, with the support of the New York Department of Transportation and Erie County, increasing CSXI’s presence in the Buffalo and Toronto markets. On-dock service destined for Buffalo from the Elizabeth Marine Terminal (EMT) at the PANYNJ will be available on the second day after departure; Buffalo traffic destined for EMT will be available on the

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BNSF

AAR Reports Rail Traffic Continues to Register Gains

WASHINGTON — The Association of American Railroads today reported that rail traffic continues to register incremental gains on a week-to-week basis, but remains down year over year. Rail carloadings were at their highest level since the week ended Dec. 13, 2008. For the week ended Aug. 29, 2009, U.S. railroads reported originating 285,580 cars, down 16.2 percent compared with the same week in 2008. Regionally, carloadings were down 16 percent in the West and 16.6 percent in the East. Intermodal traffic of 202,553 trailers or containers on U.S. railroads was down 15.6 percent from the same week last year. Container

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CSX

CSXT, Locomotive Engineers Reach Tentative Agreement

JACKSONVILLE, Fla. — CSX Transportation and the Brotherhood of Locomotive Engineers and Trainmen have reached a tentative agreement on a five-year extension to a combined wage and performance bonus package. In addition to wage increases, CSXT engineers will continue to be eligible for payments from a Performance Bonus Plan that links that portion of their compensation to company financial performance. “This is an important evolution in the agreement that directly aligns the interests of our more than 5,000 locomotive engineers with company goals to meet the expectations of our customers and shareholders,” said Lisa Mancini, senior vice president-human resources. “We

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CSX

CSX: Safety Levels Strong, Contributing to Favorable Casualty Reserve Adjustment

JACKSONVILLE, Fla. — CSX Corp. announced second quarter earnings of $308 million, or 78 cents a share, versus $385 million, or 93 cents a share, last year. Excluding the impact of discontinued operations related to The Greenbrier resort, earnings per share from continuing operations declined 24 percent from 95 cents to 72 cents. Second quarter revenues of $2.2 billion were down 25 percent from the prior year, primarily due to a 21 percent decline in volume and lower fuel surcharge recovery. Volumes continued to decline across the board, although the rate of decline in the coal market accelerated in the