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CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.
CSX began operating its trains on its portion of the Conrail network on June 1, 1999. CSX now serves much of the Eastern United States, with a few routes into nearby Canadian cities. The two competitors were unwilling to give one company full control of busy industrial areas in Detroit, Philadelphia, and northern New Jersey (the Chemical Coast).
CSX Transportation, Inc. v. Ga. State Board of Equalization, 552 U.S. 9 (2007), was a United States Supreme Court case in which the Court held that the Railroad Revitalization and Regulatory Reform Act of 1976 (4-R Act) allows a railroad to attempt to show that state methods for determining the value of railroad property result in a discriminatory determination of true market value.
CSX has undergone a huge transformation over the past decade, as the steep spike in energy prices sent railroads from being nearly obsolescent modes of transportation to being a key mover of goods ...
Yahoo Finance’s Adam Shapiro, Julie Hyman, and Emily McCormick join Economic Cycle Research Institute Co-Founder Lakshman Achuthan to discuss. Why CSX is warning of revenue decline and cut its ...
CSX's revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. The revenue was just below the $3.73 billion that analysts predicted.
Michael Ward served as chairman and chief executive officer of CSX Corporation for fourteen years. CSX is one of the nation's premier transportation and logistics companies. Over his 40-year career, Mr. Ward headed CSX's operations, coal sales and marketing, and finance departments. [4]
CSX is one of the nation’s largest railroads, operating trains on more than 20,000 miles (32,000 kilometers) of track in 23 Eastern states and two Canadian provinces.