CSX Transportation

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. 

29 Oct 2014
A manufacturer of custom office furniture is investing $17 million to establish a Virginia distribution center at the CenterPoint Intermodal Center in Suffolk, a boost for the Port of Virginia and CSX Transportation and another sign of growing momentum for inland ports served by rail.
CSX and Norfolk Southern intermodal trains
24 Jan 2014
Archrivals CSX Transportation and Norfolk Southern Railway will further their different approaches to attract truck loads to the rails this year, but it’s too soon to say which eastern railroad will dominate one of the fastest growing North American intermodal markets.
CSX intermodal hub in North Baltimore, Ohio.
16 Jan 2014
CSX Transportation told investors Thursday that it plans to expand its intermodal hub in northwest Ohio, after the railroad's intermodal traffic jumped 11 percent in the fourth quarter.
CSX train
16 Jan 2014
CSX today reported fourth quarter net income of $426 million, falling 5 percent from $449 million in the same period last year...
02 Dec 2013
The derailment of a Metro North commuter train on Dec. 1 in the Bronx, N.Y., could delay certain freight shipments on the Hudson Line, east of the Hudson River, according to CSX.
26 Nov 2013
Flagship Logistics Group is looking for a few good people to staff its new customer contact center in Indianapolis: veter
Natural gas tank
13 Nov 2013
CSX and GE Transportation have agreed to launch a pilot program in 2014 to explore liquefied natural gas technology for locomotives.
Thumbnail of rail interactive
12 Nov 2013
U.S.-based major railroads’ profit growth surged back in the third quarter, as resilient pricing and increased operational efficiencies overcame a 2.8 percent drop in total volume hauled compared to the same period last year.