CSX – Page 27 – Railfanning.org

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

CSX Transportation Takes Delivery of 300th Evolution Series Locomotive From GE

July 20, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation took delivery of the 300th GE DC Evolution Series locomotive. The unit bears road number 5501. The unit features fuel-saving technologies to help CSX further reduce fuel costs while cutting down on noise and emissions. The GEVO 12 cylinder engine produces 4400 HP while achieving a fuel savings over the previous generation of GE locomotives and reduces, on average, regulated emissions by more than 40 percent. “CSX Transportation is committed to operating locomotives with new technologies that benefit our operations and the environment,” said Rich Regan, Vice President – Mechanical. “The Evolution Series fleet has

Amtrak Adjusts Schedule of Pere Marquette to Accommodate Track Work

May 31, 2007 Railfanning.org News Wire

CHICAGO – Amtrak is temporarily adjusting the westbound schedule for the Pere Marquette service on the Chicago-Grand Rapids route to accommodate track work planned by CSX Transportation, the owner of the train’s route in Michigan. The temporary schedule will begin June 4 and continue through June 21, 2007. The westbound Pere Marquette (Train 371) will be scheduled to operate one hour earlier from all stations. The eastbound Pere Marquette (Train 370) schedule is unaffected. These changes will compensate for anticipated delays due to the track work. “While we recognize this temporary schedule change might cause some inconvenience for our passengers,

FRA Releases Results of Track Inspections on CSX and Outlines Next Rail Safety Actions

April 18, 2007 Railfanning.org News Wire

WASHINGTON — Federal Railroad Administrator Joseph H. Boardman today announced that 78 track defects and one serious violation were found by Federal Railroad Administration inspectors during a recent audit of CSX tracks in upstate New York. In addition, FRA’s ongoing review of rail safety in New York is being expanded to other railroads. Administrator Boardman added that as a result of the inspections, CSX has committed to strengthen track standards, deploy additional safety technology and develop a stronger safety culture. FRA will be vigilant in making sure CSX undertakes these preventative measures, especially improvements in the way they manage routine

CSXT Pledges Prompt, Aggressive Safety Response

March 28, 2007 Railfanning.org News Wire

JACKSONVILLE, Fla. — Michael Ward, chairman and chief executive officer of CSX Corporation, has assured Federal Railroad Administrator Joseph Boardman that CSX Transportation will move promptly and aggressively to address safety concerns, through heightened inspection standards and other special initiatives in response to a FRA inspection report. “Safety is our top priority, and we welcome the FRA’s inspections and insights,” Ward said. “We are committed to working closely with FRA on all safety issues.” Company officials reported that CSXT promptly took corrective action on the defects identified in the FRA focused inspection in January, many of them before the inspection

Federal Railroad Administrator Boardman Visits Albany to Launch Track Inspection Project for New York State, Announces Additional Measures to Improve Rail Safety

March 19, 2007 Railfanning.org News Wire

ALBANY, N.Y. — In the wake of several recent accidents, the federal government today is launching a rail inspection project to check nearly 1,300 miles of track across New York State for flaws that might lead to a train derailment among other new measures designed to improve rail safety in the wake of several recent accidents, Joseph H. Boardman, the Administrator of the Federal Railroad Administration (FRA) announced during a visit to Albany. “A safe railroad begins with safe track, but it doesn’t end there,” Administrator Boardman said. “Railroads needs to embrace a ‘culture of safety’ and find new ways

NTSB Investigating N.Y. Derailment

March 12, 2007 Railfanning.org News Wire

ONEIDA, N.Y. — The National Transportation Safety Board is sending a team to the scene of a train derailment and fire that occurred this morning in Oneida, New York. Around 7:12 a.m., a CSX freight train derailed an unknown number of cars resulting in a significant fire. About 40 Liquefied Petroleum Gas (LPG) cars were in the consist and several were involved in fire. An evacuation of one-mile around the accident site has been implemented. No injuries have been reported at this time. NTSB investigator Ted Turpin has been designated Investigator-in-Charge of a 7-member team. Information on the progress of