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Ahead of the Bell: CSX stock downgraded
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Ahead of the Bell: CSX stock downgraded (The Associated Press circulated the following on September 15, 2009.) NEW YORK Stifel Nicolaus downgraded CSX Corp. on Tuesday, saying the railroad's volume recovery will be slow amid an environment of lower consumer spending. Moreover, quarter-over-q...
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Trouble on the tracks: 2 trains were on collision course
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Trouble on the tracks: 2 trains were on collision course (The following appeared on the WHDH website on September 15, 2009.) BOSTON Train officials are investigating how two trains got onto the same track headed for each other. The train company CSX, which operates the section of the track involved...
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No fine expected after CSX rail yard fuel spill
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No fine expected after CSX rail yard fuel spillBETHLEHEM, N.Y. - The cleanup of a diesel fuel spill after an accident at the CSX rail yard could take months, according to the state Department of Environmental Conservation and the Albany Times Union. No environmental violations were expected after...
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Widow speaks out
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http://www.wten.com/Global/category.asp?C=172705&clipId=&topVideoCatNo=14990&topVideoCatNoB=113621&topVideoCatNoC=171239&topVideoCatNoD=143820&topVideoCatNoE=111254&clipId=4107865&flvUri=&thirdpartymrssurl=&top...
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CSX declares quarterly dividend
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CSX declares quarterly dividendJACKSONVILLE, Fla. -- The Board of Directors of CSX Corporation Sept. 9 approved a $0.22 per share quarterly dividend on the company's common stock. The dividend is payable on Dec. 15, 2009, to shareholders of record at the close of business on Nov. 30, 2009. The comp...
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Feud between S.C. city, CSX simmers
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Feud between S.C. city, CSX simmersNORTH CHARLESTON, S.C. -- The two sides in a simmering dispute over raliroad crossings in a coastal South Carolina city are still at odds, The State reports. Officials in North Charleston have been feuding with CSX Railroad over three rail crossings that have jar...
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Young widow calls for safer work place
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Young widow calls for safer work placeMENANDS, N.Y. -- On Mother's Day this year, 33-year-old Jared Boehlke died in an accident at his Selkirk railroad job. The following month, his daughter Coral turned 3 on Father's Day. And Heather Boehlke, now a widowed mother, says it didn't have to happen. The...
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Lawsuit says CSX didn't do enough to prevent crash
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Lawsuit says CSX didn't do enough to prevent crashHAMMOND, Ind. - The woman who lost her daughter and two granddaughters after their minivan was hit by two trains has filed a lawsuit against CSX, claiming the rail company didn't do enough to alert people to the oncoming trains, the Post-Tribune repo...
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CSX offers one-day demurrage relief
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CSX offers one-day demurrage reliefCSX has announced that during the Labor Day holiday, the carrier is giving one day of demurrage relief," the Jacksonville, Fla., Examiner reports. All merchandise traffic covered by the CSXT 8100 Tariff will get one additional unloading credit provided...
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CSX exec confident economy about to rebound
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CSX exec confident economy about to reboundJACKSONVILLE, Fla. -- Clarence Gooden, vice president of Sales and Marketing and Chief Commercial Officer of CSX Transportation, Inc., was the guest speaker at Monday's meeting of the Rotary Club of Jacksonville. A railroad executive since 1970, he ha...
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Attention Terre Haute; Your claims are in research
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Officials bug CSX to resolve unpaid ticketsTERRE HAUTE, Ind. City and county officials are working with CSX Transportation to resolve tens of thousands of dollars in unpaid tickets, the Tribune-Star reports. CSX, which operates more than 21,000 miles of railroad lines in the eastern United Stat...
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CSX derailment caused by equipment failure
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CSX derailment caused by equipment failureDALTON, Ga. - Equipment failure caused a multi-car railroad derailment near Rocky Face on June 28, a CSX official told the Dalton Daily Citizen. No one was injured when 10 cars jumped the tracks near the Beavers Road crossing, approximately two miles nort...
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Town feuds with CSX over sign removal
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Town feuds with CSX over sign removalCHARLESTON, S.C. - North Charleston's feud with the CSX railroad line got a little hotter this week when an employee cited during a sign-removal dispute last month apparently failed to show for his court appearance, the Post and Courier reports. A bench warrant...
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Freddy is sad today
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CSX train catches fire near VersaillesDARKE COUNTY, Ohio -- First responders report no injuries as the second engine of a 46 car eastbound CSX freight train catches on fire Monday (Aug. 10) night, Web site www.whiotv.com reported. The train came to a halt near the Younker Road crossing three miles w...
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BLET reaches tentative agreement to continue CSXT bonus plan
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http://www.ble-t.org/pr/news/newsflash.asp?id=4855 Doesn't sound like a bad deal with general wage increase AND the bonus plan. Last time there wasn't any GWI's. Everything else pretty much stays the same. Thoughts? -- Edited by YardSlug on Friday 7th of August 2009 07:54:24 PM
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BREAKING NEWS
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Fire department special operations just went by my house to RG. Not sure if it is an injury, or a Hazmat situation... More to follow........... Sirens going off again in the back ground. Lets send Faux News in, just incase it is a Hazmat Spill. Not many will miss him if he goes down......
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CSX set to roll with recovery
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CSX set to roll with recoveryCSX, the nation's third-largest railroad, is prepared to bring back furloughed employees and restart idled rail cars when the economy begins to pick up, but it is still not sure when that will happen, the Louisville, Ky., Courier Journal reports. The company didn't off...
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MBTA vows changes will avert delays
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MBTA vows changes will avert delaysBOSTON -- Operators of the Massachusetts Bay Transportation Authority's commuter rail service are pledging to install new switches and take other steps to avoid lengthy delays like the one that stranded riders on the Framingham/Worcester and Needham lines fo...
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rsia flaw
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Failing to specify that this is the railroads responsibility or placing the primary burden on the employee runs counter to the intent of the RSIA. For example, on July 14, 2009, CSX Trans-portation published System Bulletin 007, which revised Operating Rule R effective concurrently with the RSIA...
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Lawyer hopes suit over 2007 CSX train derailment may become class action
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Lawyer hopes suit over 2007 CSX train derailment may become class action (The following story by Patrick ODonnell appeared on the Cleveland Plain Dealer website on July 25, 2009.) PAINESVILLE, Ohio The lawsuit against the CSX railroad company for the train derailment and chemical explosion in a P...
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N.Y. cops to ticket stopped CSX trains
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N.Y. cops to ticket stopped CSX trainsNORWOOD, N.Y. Village officials say local law enforcement is prepared to ticket the engineers of CSX trains if they continue to stop the trains in the middle of the village for an extended period of time, the Watertown, N.Y., Daily Times reports. For several yea...
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Jurors exonerate CSX in goose incident
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Jurors exonerate CSX in goose incidentHUNTINGTON, W. Va. - It took a jury 25 minutes to decide CSX Transportation was not responsible for a conductor's injuries resulting from a railyard run-in with a goose, the Legal Newsline reports. Aaron E. Richards had filed a FELA lawsuit last year against CS...
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CSX to weigh East Tampa cleanup
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CSX to weigh East Tampa cleanup (The following story by Kathy Steele appeared on the Tampa Tribune website on July 22, 2009.) EAST TAMPA, Fla. CSX officials are promising relief to neighbors who say work is overdue in cleaning and cutting back overgrowth along the railroad track's right of way. Scat...
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CSX says double-digit volume drop to continue in 3Q
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CSX says double-digit volume drop to continue in 3Q (Dow Jones circulated the following story on July 14, 2009.) JACKSONVILLE, Fla. CSX Corp. (CSX) said railroad freight volume likely will slide by a double- digit percentage rate in the third quarter, albeit not quite as steeply as the second quart...
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CSX 2d quarter earnings fall 20 percent
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CSX 2d quarter earnings fall 20 percentJACKSONVILLE, Fla. - Jacksonville-based railroad CSX saw its earnings drop 20 percent in the second quarter of 2009, compared to last year, according to the Associated Press. The company announced it earned $308 million, or 78 cents per share, compared with...
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