CSX

CSX

CSX Reports $445 Million Net Q2 2016 Earnings

July 13, 2016 Railfanning.org News Wire

CSX Corp. today reported second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year. “CSX continued to drive strong customer service and network efficiency in a challenging market, which is expected to persist throughout this year,” said Michael J. Ward, chairman and chief executive officer. “In this environment, the company continues to right-size resources while making strategic investments to transform the company and capitalize on market opportunities to drive long-term value creation.” Revenue for the quarter declined 12 percent, driven primarily by an overall

CSX

AAR Awards CSX for Automotive Ramp Service Quality

June 18, 2015 Todd DeFeo

The Association of American Railroads (AAR) has awarded CSX and its wholly-owned subsidiary Total Service Distribution Inc. (TDSI) with an award for the highest-quality automotive ramp service performance in the country. “The recognition of these facilities is indicative of the level of quality we deliver throughout our network of world-class vehicle distribution centers,” Clarence Gooden, executive vice president and chief commercial officer, CSX, said in a news release. “Our core strategy for our automotive customers focuses on delivering safe, high-quality service every day, and we appreciate the recognition of the hard work of our automotive network employees.” The AAR bestows

CSX

Association of American Railroads Honors CSX Employee for Environmental Excellence

May 14, 2015 Railfanning.org News Wire

The Association of American Railroads (AAR) has recognized a CSX employee with the John H. Chafee Environmental Excellence Award for his outstanding environmental leadership, especially in the area of fuel efficiency. Suneil Kuthiala is a director of advanced engineering at CSX and has 14 years of service with the company in positions across engineering and technology. Currently, Kuthiala oversees the implementation and development of a technology solution, GE’s Trip Optimizer, to improve fuel efficiency and reduce greenhouse gas (GHG) emissions. “CSX has a strong record of industry leadership around environmental excellence, and I’m proud to see Suneil recognized with this