CSX announces fourth quarter 2020 earnings results
CSX Corp. [yesterday] announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the
CSX
CSX suffers derailment due to rockslide
When operating in mountainous territory, as is done by most Class 1 railroads, the threat of rock slides is ever-present. In the wee hours of Thursday morning, CSX experienced just that, and
Columbia Tennessee Rail Site receives CSX Select Site designation
CSX announced that the Columbia Tennessee Rail Site in Columbia, Tenn., has been designated a CSX Select Site. Select Sites are development-ready properties along the CSX network where standard land-use considerations and
NTSB issues 6 safety recommendations following investigation of train derailment, hazardous materials release
The National Transportation Safety Board issued Rail Accident Report 20/04 Thursday for its investigation of the Aug. 2, 2017, CSX Transportation, Inc. freight train derailment and release of hazardous materials near Hyndman, Pennsylvania.
CSX to acquire Pan Am Railways in New England
CSX yesterday announced that it has signed a definitive agreement to acquire Pan Am Railways, Inc. (“Pan Am”), the largest short line company/regional railroad in North America. Pan Am serves New England
Bells & Whistles—Wash. State Supreme Court delivers for Sound Transit
HART’s cost overruns for light-rail project have not reached a ceiling Initiative 976 struck down by Washington State Supreme Court CSX suffers derailment in Atlanta suburb Maryland takes over Purple Line project
Long Bridge rail project clears major hurdle
The Virginia Department of Rail and Public Transportation (DRPT) and the District of Columbia Department of Transportation (DDOT) announced the conclusion of the environmental planning process for the Long Bridge rail project.
NTSB: Operator presence control could have prevented fatal railway worker accident
The National Transportation Safety Board issued Railroad Accident Report 20/02 Thursday [August 27, 2020], detailing its investigation of the March 12, 2018, fatal injury of a CSX Transportation equipment operator near Wartrace,
Railroads dealing with double whammy of storms on the Gulf Coast
It’s that time of year when U.S. residents and companies on the Eastern and Gulf coasts keep a wary eye on the skies and spend time mentally and physically preparing for the
Norfolk Southern appoints Sanborn chief operating officer; Wheeler to retire
Norfolk Southern Corporation today announced its board of directors has appointed Cindy Sanborn executive vice president and chief operating officer, effective Sept. 1, 2020. Sanborn will succeed Michael Wheeler, who will retire
End of pandemic could mean deal for Ohio county with CSX
Call me when the pandemic is over. That is the message CSX sent to New Philadelphia, Ohio, which wants to purchase the Class 1’s line in Tuscarawas County. Rusty Orben, CSX’s resident
CSX lays off 86 management employees
General business conditions, COVID, and PSR continue to reduce North America’s railroad workforce. The latest announcement of layoffs comes from CSX, based in Jacksonville, Fla. And, the layoffs occurred within the management
Motorists complain about potholes at Durham, N.C., railroad crossing; one side gets fixed while the other does not
When the problem is half-fixed, you still have a problem remaining. That is the case for a pair of railroad tracks in Durham, N.C. CBS 17 did a story on the crossing
NTSB concludes subgrade fill failure caused CSX derailment in 2018
A southbound CSX freight train derailed in Alexandria, Va. on May 19, 2018. The derailment caused significant damage to a bridge overpass, which collapsed at the approaching abutment wall. The bridge, along
Coronavirus could impact financial returns according to Union Pacific, CSX
Significant financial impacts could result from the coronavirus pandemic, according to Union Pacific and CSX, FreightWaves reports. The statements by CSX and Union Pacific were included in reports filed with the Securities
Railroad overpass project in Indiana continues to move along
Work continues to spread at the intersection of S.R. 46 and S.R. 11 in Columbus, Ind. That is certainly better than the coronavirus alternative. While the virus puts more Americans on lockdown,
CSX coronavirus prevention and response
CSX recently published its coronavirus prevention and response, which we have reproduced here in its entirety.
RT&S announces 2020 Top Projects winners
Railway Track & Structures magazine has determined the winners of the 2020 RT&S Top Projects competition. A total of 16 projects were determined worthy enough for the 2020 RT&S Top Projects title.
CSX successfully implements train inspection technology
For several years, Class 1 railroads have been searching for and experimenting with various types of machine vision along the tracks to identify any problems with a train while it is moving
Falling concrete from rail bridge in Ohio has Norfolk Southern contemplating a long-term fix
Norfolk Southern crews were on-site in Bucyrus, Ohio, over the weekend after a piece of loose concrete fell from one of its rail bridges over the weekend.