CSX CORPORATION


Associated tags: Transport, CSX Corporation, Industrialisation, CSX

Locations: MEXICO, CANADA, BOSTON, AMERICAS, CHICAGO, ALBERTA, MONTGOMERY, MICHIGAN, PENNSYLVANIA, SAINT JOHN'S, NORTH BANK, RIVERWALK, JACKSONVILLE, FL, US, AT, WEST VIRGINIA, GEORGIA, ALABAMA, SOUTH CAROLINA, VIRGINIA, KENTUCKY, NORTH CAROLINA, HUNTINGTON, NEW YORK, ILLINOIS, ONTARIO, QUEBEC

Anne Chow Elected to CSX Board of Directors

Retrieved on: 
Wednesday, May 8, 2024

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQ: CSX) held its Annual Shareholders Meeting today.

Key Points: 
  • JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQ: CSX) 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.
  • She currently serves as Lead Director on the board of Franklin Covey and is also on the board of 3M.
  • The appointment of Anne Chow to the board of directors builds on the leadership that drove CSX to achieve volume growth and strong safety and service performance in 2023 amid challenging economic conditions, and sets the stage for sustained success as the company charts its course for the future.

CSX Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, May 8, 2024

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock.

Key Points: 
  • JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.

CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials Conference

Retrieved on: 
Thursday, May 2, 2024

JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.

Key Points: 
  • JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.
  • This address will be broadcast live via webcast at http://investors.csx.com .
  • A replay will be available following the conclusion of this event.
  • This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com .

CSX Announces 2024 Customer Environmental Excellence Award Winners

Retrieved on: 
Monday, April 22, 2024

JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.

Key Points: 
  • JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.
  • In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-rail” conversion.
  • “The winners of this year’s awards achieved the highest annual emissions savings totals among all CSX customers, reflecting their commitment to environmental citizenship.”
    To assist customers in making informed decisions about switching to rail transportation, CSX provides an advanced carbon calculator.
  • The 2024 CSX Customer Environmental Excellence Award winners include six companies whose highway-to-rail conversions resulted in substantial emissions savings during the previous year.

CSX Corp. Announces First Quarter 2024 Results

Retrieved on: 
Wednesday, April 17, 2024

JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period.

Key Points: 
  • JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period.
  • 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.
  • “Working together, the ONE CSX team delivered a good start to the year that was in-line with our expectations,” said Joe Hinrichs, president and chief executive officer.
  • Diluted EPS of $0.46 decreased 4% from $0.48 in the prior year but increased 2% compared to the previous quarter.

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

Retrieved on: 
Tuesday, April 16, 2024

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.

Key Points: 
  • JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.
  • The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC.
  • The transformation took place at the CSX locomotive shop in Huntington, W.Va.
    "The successful debut of our first hydrogen-powered locomotive stands as a testament to the exceptional skill and dedication of our employees at the CSX Huntington locomotive shop," said CSX President and Chief Executive Officer Joe Hinrichs.
  • This groundbreaking locomotive makes its debut less than 12 months after the collaboration between CSX and CPKC was announced in the summer of 2023.

CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program

Retrieved on: 
Monday, April 15, 2024

JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program.

Key Points: 
  • JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) 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.
  • CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects expanding companies with highly desirable rail-served properties.
  • “We are very excited to announce this latest round of Select Site designees and congratulate the landowners, counties, and utility partners involved,” said Kellen Riley, CSX Senior Director of Industrial Development.

CSX Corporation Announces Date for First Quarter Earnings Release and Earnings Call

Retrieved on: 
Wednesday, March 27, 2024

JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024.

Key Points: 
  • JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.
  • Presentation materials and access to the webcast will be available on the company’s website at http://investors.csx.com .
  • Following the earnings call, a webcast replay will be archived on the company’s website.

CSX Commits $10 Million Donation to Museum of Science & History’s Move to the Northbank

Retrieved on: 
Tuesday, March 26, 2024

With this gift, CSX will be recognized as the presenting sponsor of the new Museum of Science & History.

Key Points: 
  • With this gift, CSX will be recognized as the presenting sponsor of the new Museum of Science & History.
  • We are proud to lend our name to an institution that promises to inspire the next generation of leaders in science, technology, engineering and math (STEM).
  • We look forward to joining CSX on the Northbank in the years ahead,” said MOSH CEO Dr. Alistair Dove.
  • Plans for the new Museum of Science & History comprise approximately 130,000 square feet across three floors.

CSX Chief Executive Officer to Address JP Morgan Industrials Conference

Retrieved on: 
Wednesday, March 6, 2024

JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.

Key Points: 
  • JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) 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.
  • This address will be broadcast live via webcast at http://investors.csx.com .
  • A replay will be available following the conclusion of this event.
  • This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com .