CSX reaches agreement to acquire Quality Carriers
“We look forward to partnering with CSX and to create a new level of efficiency for bulk chemicals transportation.”
“We look forward to partnering with CSX and to create a new level of efficiency for bulk chemicals transportation.”
OmniTRAX is working with the River Ridge Development Authority of southern Indiana to develop real estate, while a Genesee & Wyoming subsidiary broadens its rail service agreement to include service to the Mason Mega Rail Terminal at the Port of Savannah.
CSX has capacity on its network, space on its trains and the workforce and locomotives it needs to handle an anticipated growth in service needs in 2021, according to company executives.
CSX’s first-quarter net income fell 8% to $706 million from $770 million a year ago.
The $3.7 billion partnership calls for the construction of a $1.9 billion passenger rail bridge that would relieve traffic from the Long Bridge.
CSX must again file its plans to acquire New England short line Pan Am Railways as a “significant” transaction.
STB Chair Marty Oberman shares the board’s views on two proposed acquisitions: CSX’s acquisition of New England short line Pan Am Railways and Canadian Pacific’s merger with Kansas City Southern.
The publicly traded Class I railroads expect rail volumes to improve this year despite severe winter weather curtailing operations in February.
Short line operator Vermont Rail System and legislators from Vermont and Massachusetts question how CSX and Norfolk Southern would handle joint ownership of Pan Am Southern because it would involve a competing short line railroad
Amtrak wants to establish passenger rail service between Mobile, Alabama, and New Orleans, but CSX, Norfolk Southern and the Port of Mobile have some reservations. Amtrak has filed a petition with the Surface Transportation Board to turn its plan into fruition.
The AAR released climate policy proposals encouraging partnerships and market solutions that promote competition and carbon capture, utilization and storage technology.
U.S. rail operator CSX says it is investigating a “data security incident” after a ransomware gang appears to have leaked personal information of employees and retirees.
Eastern U.S. railroad CSX (NASDAQ: CSX) has started the regulatory process to acquire New England short line operator Pan Am Railways in a move that CSX hopes will strengthen its intermodal presence in the region. The company on Thursday submitted its application to the Surface Transportation Board. The application includes a request both to acquire […]
U.S. Class I rail operations are seeking to return to normal, with intermodal terminals opening in the central and western U.S. But the overall network is experiencing delays in multiple locations.
Extreme cold and lots of snow in the Midwest and other areas could impact rail operations and cause delays, according to some railroads.
CSX’s tunnel widening plans are still moving forward; Canadian Pacific sees record grain volumes for January.
A train conductor in Georgia stopped a CSX train from hitting a homeless man on the tracks who was suffering from hypothermia.
Elevated numbers of CSX employees who contracted COVID-19 or are in quarantine have resulted in operational challenges to the railroad in the fourth quarter and into 2021.
CSX’s fourth-quarter net income slipped 1% to $760 million amid a 2% decline in revenue.
A towing vessel struck a CSX swing bridge near Slidell, Louisiana, very early Wednesday morning. Rail operations have since resumed at a reduced speed.