CSX – Page 25 – Railfanning.org

CSXT Names Central Florida Businessman to State Post

August 6, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation has appointed Bob O’Malley, a public affairs executive in Central Florida, to a new position as resident vice president-state government affairs for Florida. The role is new, and will complement the company’s efforts in the Southeast. In that regard, O’Malley will work in close partnership with Craig Camuso, the Atlanta-based regional vice president-Southeast. Both will report to Mike O’Malley (no relation), vice president-state government and community affairs, in Jacksonville. Bob O’Malley, who will maintain offices in Orlando, will be responsible for all Florida legislative and community initiatives. “We are pleased to have someone of Bob’s

CSXT Appoints Mike Smith, Vice President – Network Operations

July 28, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation announced that Mike Smith, assistant vice president — crew management, has been appointed vice president — network operations, replacing Jim Snyder, who officially retires Aug. 1. “This change recognizes the significant contributions that Mike has made to our Operations team and the leadership he has provided,” said Tony Ingram, executive vice president and chief operating officer, CSX Corporation. “This change in leadership in the CSXT Network Operations team is designed to build on the consistent, continuous improvements underway in safety and service.” Smith’s areas of responsibility will include network, train dispatching, coal, bulk and locomotive

CSX Board Invites Three New Members to Join Immediately and Pursues Prompt Completion of Director Elections

July 25, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced that its Board of Directors has invited John D. McPherson and TCI Group nominees Gilbert H. Lamphere and Alexandre Behring to join the Board immediately. These individuals would replace Southwood J. Morcott, Robert D. Kunisch and Elizabeth E. Bailey, each of whom has resigned effective upon his or her replacement taking office. The announcement was made today at the Company’s reconvened 2008 annual meeting. “We look forward to welcoming the new Board members and working together to continue delivering record performance for all shareholders,” said Michael J. Ward, Chairman of the Board of CSX

CSX Issues Statement Regarding TCI Group Letter

July 22, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. the following statement in response to a letter sent by the TCI Group to the CSX Board of Directors, making three points: “First, vote counts in contested elections always take time. The time period for this review is not unusual. The value of the process has been proved in the fact that the process has already identified errors in the preliminary report, which have been confirmed by the independent inspector of election. The review continues in good faith.” “Second, the uncertainty in the vote count is significant enough to matter to the ultimate composition of

CSX Announces Preliminary Voting Results for 2008 Annual Meeting of Shareholders

July 16, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced that the preliminary report of IVS Associates, Inc. (IVS), the independent inspector of election for CSX’s 2008 annual meeting of shareholders, indicates that Board nominees Donna M. Alvarado, John B. Breaux, Steven T. Halverson, Edward J. Kelly III, John D. McPherson, David M. Ratcliffe, Donald J. Shepard, and Michael J. Ward, and TCI Group nominees Alexandre Behring, Christopher Hohn, Gilbert H. Lamphere and Timothy T. O’Toole are the twelve nominees to the Board who received the most votes cast at the meeting. In addition, based on the independent inspector’s preliminary review of proxies submitted,

CSX Reports Record Second Quarter Earnings

July 15, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. reported second quarter 2008 earnings of $385 million, or a record 93 cents per share. Last year CSX reported second quarter earnings of $324 million, or 71 cents per share. Second quarter 2008 results included 4 cents per share associated with the resolution of certain tax matters. On a comparable basis, excluding this item, second quarter EPS was up 25 percent from a year ago. “CSX continues to deliver significant value for shareholders and demonstrate the secular strength of our business,” said Michael Ward, chairman, president and CEO. “The strong earnings performance delivered by this

Residents Urged to Stay Off Railroad Tracks, Reminded to Always Expect a Train

July 3, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — With summer activities in full swing, CSX Transportation (CSXT) asks you to stay safe and stay off railroad tracks. That means to enjoy activities such as picnics and fireworks somewhere other than railroad tracks and property, where hundreds of people are killed or injured nationwide each year. “Trains do not take holidays,” said Cliff Stayton, CSXT director of Public Safety Awareness. “In fact, CSXT trains will be running on July 4. For safety’s sake, residents should stay away from all railroad property. Always expect a train.” Consider the following facts about the dangers of trespassing on railroad

2007: A Strong Year For Railroad Safety

June 27, 2008 Railfanning.org News Wire

WASHINGTON — Last year was another strong year for safety on the nation’s railroads, with records being set in two key safety measurements while a third fell just shy of setting a record. “Over the years, the railroad industry has developed a strong safety culture,” said Edward R. Hamberger, president and CEO of the Association of American Railroads (AAR) at the annual E.H. Harriman Awards luncheon which honors railroads with the best employee safety records for the previous year. “Last year the train accident rate was the lowest in history,” he said. “So was the grade crossing accident rate. The

CSX Annual Meeting Results Too Close to Call

June 25, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. today announced that the outcome of the election of Directors at CSX’s 2008 annual meeting of shareholders is too close to call at this time. The annual meeting will reconvene at 10 a.m. Friday, July 25, at the company’s headquarters in Jacksonville, Fla., to receive certification of the voting results. This adjournment will allow the independent inspector of elections time to tabulate the voting results. “We want to express our gratitude for the continued support of our shareholders,” said Michael J. Ward, CSX chairman, president and chief executive officer. “We have met with a large

Senators Want to Look at Proposed CSX Investors

June 5, 2008 Railfanning.org News Wire

WASHINGTON — Democratic and Republican senators want an investigation into the push that foreign investors are making to take control of CSX, according to a published report. “Very little is known about the investors in the TCI group or those investors’ agenda,” the senators said in a letter to Treasury Secretary Henry Paulson, USA Today reported. “They are anonymous and invisible to government regulators” and could be fronts for foreign governments.” TCI is a hedge fund that formed a group to nominate a slate of directors to stand for election at the 2008 CSX annual meeting. In March, CSX filed