JACKSONVILLE, Fla. — CSX Transportation is the first North American railroad to join TradeLens, a blockchain platform developed by international container carrier Maersk and by IBM. TradeLens is an open, neutral platform that includes data on half the world’s container cargo, CSX officials say. “Joining TradeLens is a further demonstration of our commitment to providing […]
KINGSPORT, Tenn. — CSX’s long-running Santa Train has put another trip in the books. The railroad celebrated the 77th running of the Santa Train on Saturday in rainy conditions for most of the day. Despite the wet weather, large crowds still turned out trackside along the former Clinchfield Railroad main line, part of today’s Kingsport […]
Former Clinchfield Railroad car 100 brings up the rear of southbound CSX manifest Q693 as it passes by the former Clinchfield offices in Erwin, Tenn., while en route to Jacksonville to be prepped for this year’s Santa Train. Mike Tilley JOHNSON CITY, Tenn. – New life has been breathed into a famed former Clinchfield Railroad […]
Jim Foote, CSX Corp. CEO CSX Corp. NASHVILLE, Tenn. — Dramatic improvements in service reliability will enable CSX Transportation to grow faster than the overall economy over the long term, CEO Jim Foote told an investor conference this week. That would be an accomplishment: Since 2011, CSX’s overall traffic volume has been flat while the […]
CSX CEO James Foote CSX CHICAGO — Service improvements at CSX Transportation are translating into merchandise volume gains and the diversion of freight off highways, CEO Jim Foote told an investor conference on Wednesday. CSX has become the safest and most efficient railroad in the U.S., Foote says, and its on-time performance has improved dramatically […]
NASHVILLE, Tenn. — Marty Stuart will be the special guest for the 77th running of the CSX Santa Train, set to run from Shelby, Ky., to Kingsport, Tenn., on Nov. 23. The country musician, winner of multiple Grammy awards, told the Tennessean he’s been looking forward to the event for more than a year. “It […]
JACKSONVILLE, Fla. — CSX Transportation’s Brian M. Zacker has received the 2019 North American Environmental Employee Excellence Award from the Association of American Railroads. Zacker, an environmental field services senior manager, becomes the ninth CSX employee in 18 years to win the industry’s highest honor for environmental professionals. “Brian applied decades of environmental experience to […]
JACKSONVILLE, Fla. — CSX Transportation’s third quarter profit sank due to declines in intermodal and coal revenue and volume, the railroad announced on Wednesday afternoon. The railroad’s operating income was essentially flat, at $1.28 billion, as revenue declined 5%, to $2.97 billion. Net income declined 4%, to $856 million. Earnings per share grew 3%, to […]
WASHINGTON — Canadian National says its proposed acquisition of CSX Transportation’s line linking Montreal with Syracuse, N.Y., will improve service for cross-border traffic. CN, last week, sought U.S. Surface Transportation Board approval of the transaction involving the sale of 236.3 miles of track in New York state. CN also proposed a schedule for review of […]
WASHINGTON — The National Transportation Safety Board’s preliminary report on the August collision of two CSX Transportation trains provides more detail on the wreck that occurred in territory protected by positive train control. Local train H702, which rammed into 110-car frac sand train, W314, at a control point, was operating with its PTC system in […]
Arthur Adams, CSX Transportation vice president of merchandise sales CSX Corp. BURLINGTON, Vt. — CSX Transportation can stop and ultimately reverse decades of market share loss to the highway through a combination of more reliable service and a better customer experience, a railroad executive told a rail shipper group last week. CSX has steadily improved […]
JACKSONVILLE, Fla. — CSX Transportation has named Kevin Boone as its full-time chief financial officer and appointed Jamie Boychuk as executive vice president of operations in moves announced this afternoon (Wednesday, Oct. 2). Ed Harris, who had held the operations position, will serve as executive vice president with a combination of operating and general executive […]
