CSX

CSX J&L Tunnel project honored

CSX’s J&L Tunnel Modification Project in Pittsburgh has won the Project of the Year Award from the Engineers’ Society of Western Pennsylvania (ESWP) and the Diamond Award for Engineering Excellence from the American Council of Engineering Companies of Pennsylvania (ACEC/PA). “These awards recognize the J&L Tunnel Project’s safe completion, sustainability, cost-effectiveness, and community benefits,” CSX said.

CSX, David Ragan, Front Row Motorsports re-team for 2014 Sprint Cup season

After a successful season promoting public safety around railroad tracks with David Ragan in 2013, CSX will again partner with the race-winning driver and the Front Row Motorsports’ No. 34 team for the NASCAR 2014 Sprint Cup Series season. The partnership will include primary sponsorship of Ragan’s Ford Fusion for four races—at Daytona International Speedway Feb. 23, Darlington Raceway April 12, Michigan International Speedway Aug. 17, and Richmond International Raceway Sept. 6. Ragan’s car will once again sport CSX’s distinctive blue and gold locomotive colors and “Play It Safe Around Railroad Tracks” graphics.

2014 TRAFFIC AND SPENDING OUTLOOK: A capital year for suppliers

2013 has been a record year for the railroads, “a very robust and challenging year for growth and re-investment,” in the words of BNSF chief executive Matt Rose. The indications are that 2014 could be even better—from a shareholder’s standpoint, “a profile of continued steady earnings growth, stock repurchases, and increasing dividends,” in the words of Jason Seidl, Railway Age’s Wall Street contributing editor.

NJ House rep seeks more rail oversight

Rep. Robert E. Andrews (D-N.J.) has introduced a bill calling for independent oversight of railroads and particularly railroad infrastructure, arguing that U.S. freight railroads aren’t pursuing adequate safety measures.

GE, CSX partner to advance LNG locomotives

CSX Corp. and GE Transportation announced an agreement Wednesday, Nov. 13, 2013, to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives, beginning with a pilot program next year.

CSX CFO outlines railroad’s intermodal strategy

CSX Executive Vice President and Chief Financial Officer Fredrik Eliasson, in a presentation at the Baird Industrials Conference in Chicago, said that intermodal, “a key driver of growth,’’ now represents 40% of CSX’s overall volume and is expected to increase further, reflecting “the attractive economic value of converting freight from highway to rail.”
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