Yates to lead CSX coal business
CSX Corp. has appointed Shon Yates as vice president of the company’s coal business, effective immediately.
CSX
Georgia’s new inland terminal open for business
Georgia Gov. Nathan Deal and more than 350 state and local officials celebrated the opening Aug. 22 of the new Appalachian Regional Port (ARP) in Northwest Georgia.
Grain tops weekly carloads
Rail traffic in the U.S. for the week ending August 18 was 567,477 carloads and intermodal units, up 3.7% compared with the same week in 2017.
CSX decentralizes operations
CSX has implemented a new operating management structure that “decentralizes operational and support functions,” are “designed to enhance safety, improve service, accelerate decision-making and drive operating efficiency,” and are “a continuation of the company’s scheduled railroading transformation.”
CSX paying $2.2M in 2015 derailment
CSX agreed to pay $2.2 million to settle environmental violations in a crude oil spill following a fiery derailment in 2015.
Rail freight volumes continue to climb
Rail freight, including commodity and intermodal volumes, continued steady upward movement in the latest weekly data check.
Port of Savannah tops container mark
Another year, another intermodal record as the Port of Savannah cemented its position as the leading southern U.S. gateway for containerized cargo.
Carloads, intermodal up ahead of tariffs
Rail traffic moved smartly ahead the first week of July as shippers secured orders before President Trump’s tariffs take full effect.
UPDATED: CSX net soars on improved revenue
CSX Corp. reported second quarter 2018 net earnings of $877 million, or $1.01 per share, versus $510 million, or $0.55 per share in the same period a year ago.
Plans aim to streamline Chicago rail network
Officials in the Windy City want to unwind the nation’s most complicated railroad labyrinth.