CSX – Page 27 – Railfanning.org

CSX Transportation Launches Carbon Calculator

February 8, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation today launched an online Carbon Calculator, giving shippers and others the ability to make the best environmental choice of transportation options. The user-friendly tool quickly calculates the carbon dioxide (CO2) emissions savings of specific rail shipments, providing comparative data among transportation choices. The Carbon Calculator, accessed through the company’s Web site prompts users to enter their shipment’s weight and miles shipped and returns the estimated CO2 savings of shipping by rail. “Rail is the most environmentally-friendly and energy efficient land transportation option,” said Clarence Gooden, CSX executive vice president and chief commercial officer. “This tool

CSX Reports Strong Double Digit Earnings Growth in Fourth Quarter

January 23, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. reported fourth quarter 2007 net earnings of $365 million, or 86 cents per share, including a penny per share from insurance gains. In the fourth quarter of last year, the company reported earnings of $347 million, or 75 cents per share, including 18 cents per share from insurance gains, a gain on Conrail property and the resolution of certain tax matters. On a reported basis, earnings per share increased 15% percent on a year-over- year basis. “Once again, CSX delivered outstanding financial gains for our shareholders through strong improvements in safety, service and productivity,” said

Genesee & Wyoming Completes Acquisition of Maryland Midland Railway

January 7, 2008 Railfanning.org News Wire

GREENWICH, Conn. — Genesee & Wyoming Inc. has completed its acquisition of 87.4 percent of the Maryland Midland Railway for cash consideration of approximately $29.1 million, to be adjusted for final working capital. Maryland Midland, located approximately 40 miles from GWI’s York Railway, operates over 63 miles of track between Glyndon and Highfield, Md., and between Walkersville and Taneytown, Md. The railroad has 30 employees and is an interline carrier with CSX. Lehigh Cement, which is Maryland Midland’s largest customer, retains its 12.6 percent ownership of the railroad. — PRNewswire-FirstCall

Three Charged in Atlanta Rail Car Thefts

December 4, 2007 Railfanning.org News Wire

ATLANTA — Three people have been arrested for stealing computers from a CSX freight train parked in a local rail yard. Police say 19 rail cars were burglarized and officers recovered 26 computers and various other items that were stolen from the cars, The Atlanta Journal-Constitution reported. CSX police saw the men and called Atlanta authorities, WAGA-TV reported. — Railfanning.org News Wire

U.S. Class I Railroads Dominate Top 25 in List of Military-Friendly Employers

November 22, 2007 Railfanning.org News Wire

WASHINGTON — America’s freight rail industry dominated the fifth annual America’s Top 50 “Military Friendly-Employers” list published by G.I. Jobs, the nation’s premier career guide for military job-seekers. The magazine named four Class I freight railroads in the top half of the most military-friendly employers for 2007, selecting BNSF Railway as the No. 1 employer of military personnel. Also making the list were Union Pacific, CSX Transportation and Norfolk Southern. “The nation’s freight railroads maintain a strong commitment to the men and women who serve our country,” said Edward R. Hamberger, president and CEO of the Association of American Railroads.

CSXT Employee Wins Rail Industry’s Professional Environmental Award

October 26, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — The Association of American Railroads granted its top award for environmental professionals, the 2007 North American Environmental Employee Excellence Award, to Keith A. Brinker, manager of environmental remediation at CSX Transportation. Brinker received the award during an annual railroad environmental conference. A 28-year railroad veteran, Brinker’s accomplishments include: helping to establish CSXT’s first Environmental Operations Department; devising numerous standard operating procedures for the use of chemicals and cleaners; and organizing CSXT’s internal Environmental Crimes Unit (ECU), which ensures compliance with government and company regulations. “Perhaps [the railroad industry’s] most important environmental advantage comes from dedicated employees like

CSX Reports Strong Third Quarter Earnings

October 23, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corporation reported third quarter 2007 net earnings of $407 million, or 91 cents per share, including 24 cents per share from discontinued operations. In the same quarter last year, the company reported earnings of $328 million, or 71 cents per share, including 17 cents per share from insurance gains and the resolution of certain tax matters. On a comparable basis, excluding these items, earnings per share from continuing operations increased 24 percent on a year-over-year basis. “Our core earning power continues to improve in a more challenging transportation environment,” said Michael Ward, chairman, president and CEO.

CSX Transportation Wins EPA’s SmartWay Excellence Award

October 22, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation has received a U.S. Environmental Protection Agency (EPA) SmartWay Excellence Award, which recognizes freight carriers that have made significant contributions to protecting the environment. CSXT is the only railroad among the SmartWay Transport Partnership’s 600-plus members to receive this distinction. In recent years, CSXT has conserved 30 million gallons of fuel, improved fuel efficiency and invested more than $1 billion to upgrade its fleet with new locomotives that reduce fuel consumption and air pollutant emissions. In addition, CSXT has voluntarily pursued an aggressive policy to reduce emissions from unnecessary idling of locomotive engines, which also

CSXT Continues Response to Oct. 10 Derailment in Ohio

October 15, 2007 Railfanning.org News Wire

CSX Transportation and local responders continue recovery efforts in Painesville, Ohio, just east of Cleveland, after the Oct. 10 derailment. Based on that progress, Painesville and Lake County officials permitted all evacuated residents to return to their homes at noon on Oct. 13. Approximately half of the evacuated residents were permitted to return on the afternoon of Oct. 12. Area residents with questions or needs can call a CSXT telephone hotline, 1-877-835-5279 from 8 a.m. to 5 p.m. While residents return to their homes, cleanup activities continue at the derailment site. Soil was excavated Saturday in consultation with the Ohio

CSX Transportation Announces Rail Security Partnership with New York and New Jersey

July 20, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation has entered into a rail security partnership with the states of New York and New Jersey. The agreement represents a model CSXT hopes to use with other states on its system, officials say. The agreement was ratified on July 17. The partnership, unique in the rail industry, formalizes and enhances CSXT’s ongoing commitment to both states to share information, resources, and strategies in order to better protect the communities in which CSXT operates. “We’re pleased to be the first railroad and among the first private industries to formalize security partnerships with the states in order