The Port of Charleston and CSX Transportation and Norfolk Southern Railway have extended their terminal hours owing to emergency cable repairs on the James B. Edwards Bridge over the Wando River, but beneficial cargo owners should expect longer transit times during the next four weeks.
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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.
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May 17, 2018 4:00PM EDT
Press Releases
16 May 2018
Rail shippers will not be able to send domestic containers to Detroit as of Sept. 1. Nearly a year after eliminating 327 origin and destination pairs, CSX Transportation will be ending all domestic intermodal involving Detroit.
18 Apr 2018
US Southeast ports are expanding inland, giving beneficial cargo owners in the Carolinas, Georgia, Florida, Alabama, Tennessee, Kentucky, and other areas an intermodal opportunity to avoid the long, expensive dray to a port city — a significant option in a capacity-short US truck transport market.
14 Mar 2018
CSX service returns back to normal at the 59th Street terminal in what is a rough winter for shippers.
08 Mar 2018
Shippers will face more delays sending freight out of Chicago. CSX Transportation is overwhelmed with outbound freight and will not accept containers being dropped off at the 59th Street terminal through March 12.
24 Jan 2018
The authority sent a missive to port users outlining the problem and said that it is working with CSX Transportation and Norfolk Southern Railway to clear the rail backlog.
17 Jan 2018
Service metrics are improving, but can CSX win back shipper trust while sticking to its late CEO's plan for precision scheduled railroading?
18 Dec 2017
Shippers in the vicinity of the port could save hundreds of dollars to move goods through the Port of New York and New Jersey.
18 Dec 2017
Acting CEO James Foote may have to reach out to disgruntled shippers in executing the late Hunter Harrison’s precision railroading strategy.
15 Dec 2017
CSX said Harrison is taking a leave due to unexpected complications from a recent illness.
04 Nov 2017
There’s plenty of innovation and potential pitfalls coming down the tracks.
01 Nov 2017
Double stacking trains is more efficient than single stacking trains and increases the capacity and the economies of scale of each train.
27 Oct 2017
CSX Transportation discontinued more domestic intermodal services in an overhaul to build cargo density amid peak season.
26 Oct 2017
Savannah rail project promises two-day faster hinterland transits to Southeast and Midwest shippers.
19 Oct 2017
CSX Transportation’s overhaul of its network ultimately may benefit shippers.
17 Oct 2017
CSX is discontinuing international services as part of a broader operational overhaul.
22 Sep 2017
Longer dwell times at terminals, slower trains, and an unresponsive customer service department are still roiling supply chains for CSX shippers.
19 Sep 2017
The Port of Virginia is tapping into the growing Midwest market.
15 Sep 2017
West Coast ports compete harder for intermodal cargo, but rail pricing may be the key determiner.
13 Sep 2017
Primary rail providers have said they are metering cargo even for routes that are operating normally.
07 Sep 2017
Ports from Miami to Charleston now lie in the Category 5 storm’s projected path.
22 Aug 2017
Since March, parcel giant UPS has shifted at least some of its cargo from CSX to NS.
03 Aug 2017
More than 80 percent of CSX shippers surveyed have experienced problems with the railroad’s service.
20 Jul 2017
Port officials told JOC.com they aim to use the new CSX Transportation double-stack rail service to win importers and exporters using ports in other states.
09 Jun 2017
As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
04 May 2017
Currently, westbound trains can only be single-stacked because of the height limitations of the 121-year-old, 1.7-mile long Howard Street Tunnel.
28 Apr 2017
“He isn’t focused on intermodal.”
15 Mar 2017
Although ports may reopen Wednesday, in parts of the US Northeast, over-the-road freight transport remains frozen.
24 Feb 2017
CSX Transportation is geographically, financially, operationally, and managerially unlike the two Canadian railroads Harrison has helmed in the past.
23 Feb 2017
As railroads are moving intermodal operations closer to their end markets, those end markets are fighting back projects they say test the limits of local infrastructure.
26 Jan 2017
Norfolk Southern Railway and CSX Transportation said they gained international intermodal volume in the fourth quarter.
19 Jan 2017
E. Hunter Harrison is leaving Canadian Pacific Railway early possibly to try to take the reins of CSX Transportation
18 Jan 2017
CSX Transportation says it’s holding firm on pricing increases.
18 Nov 2016
A new intermodal container transfer facility at the port of Jacksonville is positioning the Florida gateway to move more cargo to the US Midwest.
01 Nov 2016
Officials at the Port of New York and New Jersey hope a record monthly volume of rail cargo is just the start of the payoff from years of intermodal investment that seeks to give the port a competitive edge as ever-larger ships arrive on the East Coast.
26 Oct 2016
CSX Transportation and Ports America agreed to the hand-over in January.
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