Articles from CSX Corporation

JACKSONVILLE, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) today announced that Ann Begeman has been appointed to the company's board of directors.

JACKSONVILLE, Fla., Jan. 23, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced fourth quarter 2024 operating income of $1.11 billion compared to $1.32 billion in the prior year period. Net income was $733 million, or $0.38 per diluted share, compared to $882 million, or $0.45 per diluted share, in the same period last year. Results for the fourth quarter include a pre-tax, non-cash goodwill impairment charge of $108 million. Total volume of 1.58 million units for the quarter was 1% higher compared to fourth quarter 2023.

JACKSONVILLE, Fla. , Jan. 10, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) today announced that employees represented by The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) have voted to ratify the five-year collective bargaining agreement.

JACKSONVILLE, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release fourth quarter financial and operating results after the market close on Thursday, January 23, 2025. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

JACKSONVILLE, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 2024 UBS Global Industrials and Transportation Conference in Palm Beach on Wednesday, December 4, at 8:00 a.m. Eastern Time.

Nathan Goldman to retire, Michael Burns named SVP and Chief Legal Officer

JACKSONVILLE, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the 2024 Stephens Annual Investment Conference in Nashville on Tuesday, November 19, at 10:00 a.m. Eastern Time.

JACKSONVILLE, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, and Executive Vice President and Chief Operating Officer, Mike Cory, will address the 2024 Baird Global Industrial Conference in Chicago on Wednesday, November 13, at 8:55 a.m. Eastern Time.

JACKSONVILLE, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) today announced that the 500+ acre RailPort Logistics Mobile in Mobile, Alabama, has been designated as a Platinum CSX Select Site.

JACKSONVILLE, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced that the Rickenbacker South Industrial Rail Park in Harrison Township, Pickaway County, Ohio has been designated as a Platinum CSX Select Site.

JACKSONVILLE, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) today announced it has secured new five-year tentative collective bargaining agreements with the International Brotherhood of Electrical Workers (IBEW) and National Conference of Firemen & Oilers (NCFO), as well as the ratification of a labor agreement with the SMART-TD yardmasters.

JACKSONVILLE, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) (CSX), Canadian Pacific Kansas City (TSX: CP) NYSE: CPNYSECP)

JACKSONVILLE, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced third quarter 2024 operating income of $1.35 billion compared to $1.27 billion in the prior year period. Net earnings were $894 million, or $0.46 per diluted share, compared to $828 million, or $0.41 per diluted share, in the same period last year. Total volume of 1.59 million units for the quarter was 3% higher compared to third quarter 2023.

JACKSONVILLE, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced today that it will webcast its Investor Day presentations to the financial community on Thursday, November 7, 2024. CSX’s leadership team will outline the ways that the company is leveraging ONE CSX to execute their proven model, building powerful momentum to deliver profitable growth. The webcast will begin at 8 a.m. ET and concludes at approximately 11:30 a.m. ET.

JACKSONVILLE, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock. The dividend is payable on December 13, 2024, to shareholders of record at the close of business on November 29, 2024.

JACKSONVILLE, Fla., Sept. 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced it will contribute $100,000 to support the American Red Cross in its ongoing relief and recovery efforts underway in communities impacted by Hurricane Helene.

JACKSONVILLE, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release third quarter financial and operating results after the market close on Wednesday, October 16, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

The national public-safety campaign delivers critical, life-saving information to drivers, pedestrians, schools and rail passengers

JACKSONVILLE, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) President and Chief Executive Officer, Joe Hinrichs, will address the 12th Annual Morgan Stanley Laguna Conference in California on Thursday, September 12, at 9:20 a.m. Pacific time.

JACKSONVILLE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) today announced it has secured new five-year tentative collective bargaining agreements with International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers & Helpers (IBB) and the Transportation Communications Union (TCU).

JACKSONVILLE, Fla., Aug. 23, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) today announced that it has reached new tentative five-year collective bargaining agreements with seven additional labor unions. These agreements cover the following groups:

JACKSONVILLE, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) today announced it has secured new five-year tentative collective bargaining agreements with the International Association of Sheet Metal, Air, Rail and Transportation Workers – Mechanical Division (SMART-MD) and the American Train Dispatchers Association (ATDA).

JACKSONVILLE, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced today that the railroad has reached tentative agreements on new five-year collective bargaining agreements with the Transportation Communications Union (TCU), the Brotherhood of Railway Carmen (BRC), and General Committee of Adjustment GO-049 of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), representing train service employees on the Northern Mid-Atlantic District territory of the CSX system.

JACKSONVILLE, Fla., Aug. 05, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced second quarter 2024 operating income of $1.45 billion compared to $1.47 billion in the prior year period. Net earnings were $963 million, or $0.49 per diluted share, compared to $984 million, or $0.49 per diluted share, in the same period last year. Total volume of 1.58 million units for the quarter was 2% higher compared to second quarter 2023.

JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced the release of its 2023 Environmental, Social and Governance (ESG) report, highlighting the company’s advancements in addressing key ESG issues through alternative fuel projects, investments in safety innovations, and enhancements to the employee work environment.

JACKSONVILLE, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) was named one of America’s best places to work by the Disability Equality Index® for the sixth-straight year, earning a top score of 100, as announced by the American Association of People with Disabilities (AAPD) and Disability:IN on Tuesday.

JACKSONVILLE, Fla., July 10, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024.

JACKSONVILLE, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release second quarter financial and operating results after the market close on Monday, August 5, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) has been honored by USA TODAY as one of America’s Climate Leaders 2024. This marks the second consecutive year that CSX has been ranked among U.S. companies for achieving significant reductions in emissions intensity between 2020 and 2022.

JACKSONVILLE, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced 53 customers as winners of the company’s Chemical Safety Excellence Award for their outstanding dedication to the safe transportation of hazardous materials throughout 2023.

Veteran Drone Training Program Showcases How Innovation Meets Impact

JACKSONVILLE, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the 17th Annual Wolfe Research Global Transportation & Industrials Conference in New York on Wednesday, May 22, at 8:35 a.m. Eastern time.

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock. The dividend is payable on June 14, 2024, to shareholders of record at the close of business on May 31, 2024.

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQCSX) held its Annual Shareholders Meeting today. Preliminary results indicate the re-election of the company’s 11 director nominees for one-year terms and appointment of Anne Chow to its board of directors. The preliminary results highlight the company's dedication to excellence.

JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Bank of America Transportation, Airlines and Industrials Conference in New York on Tuesday, May 14, at 8:00 a.m. Eastern time. 

JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) CSX Corporation NASDAQ: CSXNASDAQCSX)

JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and merchandise volume flat.

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.

JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics.

JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

Donation builds on CSX’s longstanding commitment to the Northeast Florida community and expands relationship with MOSH

JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) President and Chief Executive Officer, Joe Hinrichs, will address the 2024 JP Morgan Industrials Conference in New York on Wednesday, March 13, at 8:45 a.m. Eastern time. 

JACKSONVILLE, Fla., Feb. 15, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, and Executive Vice President and Chief Operating Officer, Mike Cory, will address the Barclays Industrial Select Conference in Miami on Thursday, February 22, at 8:00 a.m. Eastern time. 

JACKSONVILLE, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a nine percent increase in its quarterly dividend, from $0.11 to $0.12 per share. The new $0.12 quarterly dividend is payable on March 15, 2024, to shareholders of record at the close of business on February 29, 2024.

JACKSONVILLE, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) has reached agreements with four additional groups of railroad workers to provide paid sick leave benefits, demonstrating the company’s ongoing commitment to enhancing the work experience for its employees. The unions include SMART-TD Conductors/Trainmen (C&O), SMART-TD Yardmasters, International Brotherhood of Boilermakers, and Carrolton Road-Transportation Communications Union-represented Engineers/Yardmen/Maintenance of Way employees.

JACKSONVILLE, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced fourth quarter 2023 operating income of $1.32 billion compared to $1.46 billion in the prior year period. Net earnings were $886 million, or $0.45 per diluted share, compared to $1.02 billion, or $0.49 per diluted share, in the same period last year. Total volume of 1.56 million units for the quarter was 1% higher compared to 2022, with Merchandise volume up 3%, Coal volume up 3%, and Intermodal volume flat.

JACKSONVILLE, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) was named the recipient of the inaugural W.F. Thompson Award for Class I Operating Performance for 2023, highlighting CSX’s success in driving its growth strategy by leveraging strong operational execution. The award, presented by the analyst firm, Loop Capital, is designed to recognize the Class I railroad with the best operational performance in a calendar year.

JACKSONVILLE, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) continues to lead the rail industry as the “top performer” in intermodal service, according to a recent survey by the Journal of Commerce (JOC).

JACKSONVILLE, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) continued to prioritize public safety in 2023 with a robust first responder training program that reached over 6,000 individuals in communities across its rail network.

JACKSONVILLE, Fla., Jan. 04, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release fourth quarter financial and operating results after the market close on Wednesday, January 24, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

BALTIMORE, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The B&O Railroad Museum, the birthplace of American railroading, is pleased to announce that Joe Hinrichs, President and CEO of the CSX Corporation (NASDAQCSX) will chair the Museum’s $30 million dollar capital campaign to transform the Museum’s campus in preparation for the 200th Anniversary of American Railroading in 2027.

JACKSONVILLE, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Stephens Annual Investment Conference in Nashville on Tuesday, November 14, at 10:00 a.m. Eastern time.

JACKSONVILLE, Fla., Nov. 01, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) President and Chief Executive Officer, Joe Hinrichs, will address the 2023 Baird Global Industrial Conference in Chicago on Wednesday, November 8, at 10:05 a.m. Eastern time.

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on the company’s L&N property.

JACKSONVILLE, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced third quarter 2023 operating income of $1.30 billion compared to $1.58 billion in the prior year period. Net earnings of $846 million, or $0.42 per diluted share, compared to $1.11 billion, or $0.52 per diluted share, in the same period last year.

JACKSONVILLE, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) is pleased to announce the ratification of a paid sick leave agreement with the SCL property for the Brotherhood of Railroad Signalmen covering nearly 400 employees.

JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on December 15, 2023, to shareholders of record at the close of business on November 30, 2023.

JACKSONVILLE, Fla., Sept. 21, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release third quarter financial and operating results after the market close on Thursday, October 19, 2023. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

JACKSONVILLE, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQCSX) is continuing its partnership with the national non-profit, Operation Lifesaver, for the sixth consecutive year in support of Rail Safety Week. The annual campaign promotes public safety near railroad tracks and serves as a nationwide platform to educate communities about safe behaviors that help prevent crossing collisions and trespass incidents.

JACKSONVILLE, Fla., Sept. 08, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced today the appointment of Mike Cory, a seasoned railroad executive with more than 40 years of operations experience, as the company’s executive vice president and chief operating officer.

JACKSONVILLE, Fla., Aug. 31, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) President and Chief Executive Officer, Joe Hinrichs, will address the TD Cowen 16th Annual Global Transportation Conference in Boston on Wednesday, September 6, at 9:10 am Eastern time. 

JACKSONVILLE, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQCSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Deutsche Bank 2023 Transportation Conference in New York on Tuesday, August 15, at 9:00 am Eastern time. 

JACKSONVILLE, Fla., Aug. 04, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) announced today that Jamie Boychuk, executive vice president of Operations, is leaving the company. President and Chief Executive Officer Joe Hinrichs thanked Boychuk for his role in the implementation of scheduled railroading and cited the company’s depth of operational experience that will ensure continuity while CSX searches for a successor.

JACKSONVILLE, Fla., July 31, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) and the International Association of Sheet Metal, Air, Rail and Transportation Workers — Transportation Division (SMART-TD) announced they are partnering to extend CSX’s conductor training program to five weeks from the previous four-week regimen to provide new hires with additional hands-on experience prior to beginning on-the-job training (OJT).

JACKSONVILLE, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced the winners of the company’s 29th annual Chemical Safety Excellence Awards recognizing customers for their outstanding contribution to the safe transportation of hazardous materials.

Historic Investment Reinforces CSX’s Dedication to Serving its Hometown Community

JACKSONVILLE, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced second quarter 2023 operating income of $1.48 billion compared to $1.70 billion in the prior year period. Net earnings of $996 million, or $0.49 per diluted share, compared to $1.18 billion, or $0.54 per diluted share, in the same period last year. Second quarter 2022 results included a $122 million gain ($0.04/share after-tax) related to the Commonwealth of Virginia property sale agreement.

JACKSONVILLE, Fla., July 14, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the newly expanded industrial development program. Eight sites in seven states have earned a Gold, Silver or Bronze rating based on an evaluation of a wide range of site characteristics.

JACKSONVILLE, Fla., July 12, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023.

JACKSONVILLE, Fla., July 07, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) announced the release of its 2022 Environmental, Social and Governance (ESG) Report highlighting significant progress the company has made towards advancing its workforce and improving environmental stewardship, social responsibility and governance best practices over the past year.

CALGARY, Alberta and JACKSONVILLE, Fla., June 28, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City (TSX: CP) (NYSECP) (CPKC), CSX Corporation NASDAQ: CSXNASDAQCSX)

JACKSONVILLE, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) will release second quarter financial and operating results after the market close on Thursday, July 20, 2023. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time.

JACKSONVILLE, Fla., June 15, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQCSX) has launched a new online site selection tool to assist growing companies in their search for premium rail-served properties and communities competing for economic development projects.

JACKSONVILLE, Fla., June 08, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) today announced a gift of $5 million to the Baltimore and Ohio (B&O) Railroad Museum in Baltimore, MD towards the museum’s $30 million capital campaign in anticipation of the B&O railroad’s bicentennial anniversary in 2027.

JACKSONVILLE, Fla., May 31, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQCSX) has been named to the first-ever Forbes Net Zero Leaders list of the top 100 U.S. companies that are focused on reducing their carbon footprint and achieving their sustainability goals.