CSX Transportation

CSX Transportation is a U.S. Class I railroad serving major markets in the eastern United States with a rail network of 21,000 route miles in 23 states, the District of Columbia, and the Canadian provinces of Ontario and Quebec.The company has more than 31,000 employees and provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers. The company reported 2013 revenue of $12 billion, up 2.2 percent year-over-year. The railroad also reported a net income of $1.86 billion, consistent with the previous year’s net income which was also $1.86 billion.

The Jacksonville, Florida-based railroad was formed in 1986 through the merger of the Chessie System (parent of the Chesapeake & Ohio Railway, the Baltimore & Ohio Railroad, and the Western Maryland Railway) and the Seaboard System Railroad Inc. (parent of Louisville & Nashville, Seaboard Coast Line, and Clinchfield).

Despite the disruptive winter delays, CSX broke quarterly records for domestic intermodal volume growth and total intermodal traffic gains in the first quarter of 2014. Total intermodal volume in the first quarter rose 5 percent year-over-year to 647,000 units, thanks to a 7 percent jump in domestic traffic and a 3 percent rise in international volume.

CSX Transportation recorded revenue of $3.24 billion in the second quarter of 2014, up 7 percent from year-earlier revenue of $3.04 billion. 2014 half-year was $6.26 billion, up 4 percent from the previous year. The company achieved a net income of $927 million at half-year, a 5.7 percent decrease year-over-year. 

15 Sep 2016
Billed as the “Mid-American Arc,” the GPA’s rail-focused initiative will allow the port to better serve markets from Atlanta to Memphis, St. Louis, Chicago, and the Ohio Valley.
12 Sep 2016
The new Inland Port Dillon will build on the momentum of South Carolina's first inland operation in Greer.
16 Aug 2016
Shippers can now tap a new door-to-door intermodal rail service connecting the U.S. and eastern Canada.
25 Jul 2016
Plans for the second of six planned inland ports are moving ahead in Georgia, part of an effort to expand the port of Savannah’s intermodal reach into the fast-growing U.S. Southeast market.
The Port of Baltimore, pictured, has rail access, but would stand to gain much if that access could accommodate double-stacked trains.
21 Jul 2016
The Port of Baltimore is not giving up on a project to raise the Howard Street tunnel enough to allow the passage of double-stacked freight trains.
19 Jul 2016
CSX Transportation and the state’s port authority on Tuesday detailed two new projects there aimed at fueling more cargo through the ocean gateway and onto the rails, and vice versa.
14 Jul 2016
Efforts to attract new intermodal business were not enough to slow the loss of volume and profit at CSX Transportation.
Investments in CSX Transportation's “hub-and-spoke” strategy coming online this year will increase container velocity through the railroad's network.
05 Jul 2016
The Jacksonville, Florida-based railroad is reporting significant improvements in its train velocity and availability, both indicators of service, and it is investing $1 billion into its overall rail network.
05 May 2016
The Port of Baltimore is hoping a $425 million fix to a low-slung freight tunnel will help jump-start a surge in business.
13 Apr 2016
CSX Transportation offered a dim outlook for intermodal volume growth Wednesday, after the company said declines in international business in the first quarter offset domestic gains and are expected to continue to hamper domestic volume growth in the year ahead.
03 Mar 2016
Canadian Pacific Railway has officially requested U.S. rail regulators speed along an official review vetting the viability of its proposed merger with Norfolk Southern Railway in time for an NS shareholder meeting this spring.
01 Feb 2016
CSX Transportation says it remains committed to its planned North Carolina intermodal terminal, even after local and state officials nixed the project’s original construction site outside Raleigh.