The chairman of the US Surface Transportation Board urged railroads to focus less on serving Wall Street investors and more on serving shippers, employees, and the public interest — or else the agency may have to intervene.
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 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).
Webcasts
Sep 15, 2021 9:00AM EDT
Sep 16, 2021 9:00AM EDT
Sep 30, 2021 10:00AM EDT
Press Releases
27 Aug 2021
CSX has been restricting how many domestic containers can be brought into Bedford Park, Illinois, causing shippers to pay accessorial fees, or consider alternatives such as Norfolk Southern Railway or spot market trucking to get their goods out of Chicago.
26 Aug 2021
US railroads have begun to control the number of containers leaving ports on trains per day to tailor volume to equipment and labor capacity, but some are skeptical this new strategy will resolve the crippling congestion in inland US markets.
30 Jul 2021
Intermodal shippers saved record amounts of money in the second quarter, but rate hikes in California, Texas, and Washington will make trucks the cheaper option on transactional loads in the western US going forward.
22 Jul 2021
CSX and Union Pacific are working hard to restore fluidity on intermodal networks, but both companies said that issues may persist through the end of the year.
16 Jul 2021
BNSF Railways has ended domestic intermodal service between Northern California and CSX Transportation’s terminal in northwest Ohio, with a source saying a lack of shipper interest was behind the move.
02 Jul 2021
CSX has temporarily cut the number of reservations to bring in domestic containers in Chicago because of overwhelming volume, a common theme among the Class I railroads struggling in the Windy City.
15 Jun 2021
Norfolk Southern Railway and Union Pacific Railroad are having trouble getting containers to shippers, in part because their supply of 53-foot chassis is very low.
19 May 2021
An exodus of drayage drivers to the flatbed and dry van truckload sectors is further limiting already constrained capacity and equipment availability in key inland markets.
13 May 2021
Land use has been a problem as imports have surged across top US ports, causing issues on how to balance space to devote to inbound and outbound containers in key interior cities.
06 May 2021
The JOC Intermodal Savings Index hit a new record in Q1, but rising spot intermodal rates and surcharges could reduce savings in Q2.
20 Apr 2021
A group of Memphis shippers and truckers want the US Surface Transportation Board to instruct railroads to stop charging storage fees until a chassis shortage is resolved.
08 Apr 2021
Shippers can save more money than ever before on intermodal, if they could find equipment and draymen to move their cargo to and from rail terminals amid scarce supply of both.
08 Apr 2021
The Port of Mobile says a proposed move to open a Gulf Coast rail track to passenger service would hurt its intermodal business.
22 Mar 2021
Exporters and trucking companies are battling delays on Norfolk Southern and CSX Transportation in Memphis, causing loaded containers going to Charleston and Savannah to idle for days.
03 Feb 2021
Shippers may see intermodal savings evaporate in the first quarter if rail contracts rise more than 10 percent and spot truck rates continue to cool off and pressure truck contracts.
12 Jan 2021
Intermodal marketing company (IMC) executives say US intermodal rates charged to shippers will rise between 3 and 10 percent in major lanes and between 3 and 5 percent in secondary lanes this year.
30 Dec 2020
Truckers are taking longer to get through terminals in Chicago because of the surge in cargo and changes in stacking containers with some railroads.
23 Sep 2020
Domestic intermodal volumes already elevated compared with a year ago and there are signs that international intermodal is on the upswing too.
18 Sep 2020
As container volume has picked up, trucking and logistics executives say that CSX’s domestic intermodal service has become unreliable in two key southeast US rail ramps.
23 Jul 2020
After wild swings in intermodal volume in the second quarter, CSX Transportation and Union Pacific Railroad are cautiously optimistic about peak season volumes, while realizing pandemic disruptions are lurking.
23 Jun 2020
BNSF Railway has unveiled a five-day per week train service between Seattle and CSX’s Ohio hub about an hour south of Toledo.
09 Jun 2020
Intermodal is not seeing the same rebound in demand as trucking since the economic shutdown owing to the COVID-19 pandemic, and research firm FTR Associates does not believe containerized rail volume will fully recover to 2019 levels until sometime in 2021.
08 May 2020
JOC’s Spot Intermodal Savings Index hit an 14-month low in a preliminary April reading, the first snapshot of how the COVID-19 pandemic has altered the math on how much money intermodal can save a shipper.
23 Apr 2020
North American intermodal volume may plunge as much as 25 percent in the second quarter, so railroads believe the right strategy is to focus on cost-cutting while providing reliable service.
09 Apr 2020
Intermodal volume last week was the weakest in a nearly a decade as the coronavirus disease (COVID-19) has wreaked havoc on the railroads, which an industry analyst believes could cost Class I railroads $9 billion dollars.
11 Feb 2020
Railroads are more conciliatory in negotiating contract rates than a year ago, hungry to recapture freight lost to trucking. One logistics executive called the railroads’ stance “a complete 180 from last year.”
06 Feb 2020
There are no positives to be found in the Intermodal Association of North America’s latest market report, which shows year-over-year volume fell 7.4 percent in the fourth quarter of 2019 and 4.1 percent for the full year, with declines in all types of containers.
05 Feb 2020
Amid weak intermodal volumes in 2019, the JOC Domestic Intermodal Savings Index shows spot and contract savings are lower than historical averages, although the year closed stronger for shipper savings on the spot market.
29 Jan 2020
Railroads and intermodal providers say there will be more volume in 2020 than last year, although shipper demand will not fully recover until the second half of this year.
28 Jan 2020
Union Pacific Railroad will resume service on nearly 60 previously eliminated lanes beginning Feb. 1, a move it linked to its precision scheduled railroading operation, but others said was designed to win back lost market share.
27 Jan 2020
Despite stiff truck competition, East Coast ports have taken aggressive steps to capture more intermodal cargo and spend significant capital to build out rail infrastructure.
31 Dec 2019
US intermodal, particularly domestic volume, has a tough road ahead given low spot truckload rates that will continue to push freight to the highway, but the sector could see some improvement in the second half.
26 Nov 2019
Barring a major turnaround in December, BNSF Railway and CSX Transportation will record their lowest annual intermodal volumes this year since 2016, and two other Class I railroads could possibly join that list.
05 Nov 2019
As spot intermodal rates begin to save shippers more money than earlier in 2019, shippers are seeing reduced savings on contract business.
17 Oct 2019
CSX Transportation and Union Pacific Railroad reported weak intermodal volume for the third quarter, but insisted their networks are lean, efficient, and ready to fully capitalize when the market rebounds.
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