CSX Corporation Executive Vice President and Chief Financial Officer Frank Lonegro updated investors and analysts on Sept. 7, 2016 at the Cowen and Company 9th Annual Global Transportation Conference in Boston about the company’s third-quarter expectations, full-year guidance and long-term strategy “for managing a changing business profile.”
Direct ChassisLink, Inc. (DCLI) announced that Ryan Houfek has joined the firm as Senior Vice President, Business Development.
Last December, in my From the Editor magazine column (“Time to choose a name,” December 2015), I attempted to explain how CSX was named.
CSX on July 13th announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year.
For the fourth consecutive year, CSX was named one of IDG Computerworld’s Best Places to Work in IT, ranking number 41 among large organizations.
Protran Technology, a unit of Harsco Rail, has secured its first order from a U.S. Class I for its COMPASS™ railway asset location and awareness system.
CSX on May 23, 2016 announced several changes to key operational positions. All of the changes are effective June 1.
CSX Chairman and Chief Executive Officer Michael J. Ward announced a number of senior management changes on May 20, 2016, including the retirement July 1 of Lisa Mancini, Executive Vice President and Chief Administrative Officer, following nearly 13 years at CSX Corp.
CSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the railroad’s] ongoing commitment to being a good neighbor in the communities it served.” CSX, which has now made four appearances on the list, ranked 47 out of 100, and was the only railroad included in the ranking.
In a letter to the Surface Transportation Board filed April 13, 2016, CSX contends that “giving Amtrak trains absolute priority over the old RF&P (Washington-Richmond) upends commuter train operations, drastically limits the number of available slots for freight trains, and likely results in congestion on tracks and in yards that would ripple through the network,” says Frank N. Wilner, Contibuting Editor of Railway Age.
