CSX Corp. News Updates

Railroad

BusinessLogistics

CSX Caught Mid-Revolution by Death of Rail-Legend Harrison

With CEO Hunter Harrison鈥檚 death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.

December 18, 2017
Business

Hunter Harrison, CEO at CSX, Dies at 73

Hunter Harrison, the successful railroad-turnaround specialist whose career spanned more than 50 years, has passed away just two days after CSX Corp. announced the CEO would take a medical leave of absence.

December 16, 2017
BusinessLogisticsTCA

CSX CEO Hunter Harrison Takes Medical Leave

Hunter Harrison has taken a medical leave from his position as CEO and president of CSX, the company announced Dec. 14. The railroad gave no details other than saying the leave was due to 鈥渦nexpected complications from a recent illness.鈥

December 15, 2017
Business

Harrison Talks CSX Succession Plan as Shippers Brace for New Fees, Tighter Rules in 2018

CSX Corp. CEO Hunter Harrison told a conference that he鈥檚 鈥渢rying to stay back a little bit,鈥 prompting questions about how much he鈥檚 involved in the day-to-day operations at the U.S. railroad and how soon a transition in leadership might occur.

November 30, 2017
BusinessLogisticsTCA

Teamsters Hold Public Picket Against CSX Future Health Benefits

A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to 鈥渄rastically reduce our health insurance benefits.鈥

October 31, 2017
Business

CSX Postpones Investors Day, Sending Company Stock Sliding

Just one week after CSX Corp. delivered some positive news in its quarterly earnings report after service disruptions this summer, investor confidence was rocked again when the railroad carrier abruptly postponed the official Investors Day on Oct. 30.

October 26, 2017
Business

CSX Treads Water in 3Q After Turbulent Summer

The freight railroad industry began the earnings season on a positive note. CSX Corp. scratched out a small win and Canadian Pacific Railway easily surpassed year-ago levels as the industry continues to rebound in 2017.

October 18, 2017
GovernmentBusiness

Harrison Apologizes to Rail Shippers for Summer Service Disruptions

WASHINGTON 鈥 CSX Corp. CEO Hunter Harrison apologized to railroad shippers at a U.S. Surface Transportation Board meeting Oct. 11, blaming layoffs prior to his arrival, the proxy battle to replace the prior leadership and employee resistance for lengthy service disruption during the summer.

October 11, 2017
BusinessLogistics

Port of Virginia Begins CSX Service to New Pittsburgh Intermodal Terminal

CSX Transportation on Sept. 7 opened an intermodal terminal outside of Pittsburgh, and now the Port of Virginia will serve Pennsylvania and Ohio via double-stack trains.

September 24, 2017
GovernmentBusiness

Hurricane Irma Forces Postponement of Hearing Into CSX Service Woes

Due to the threat of Hurricane Irma, the Surface Transportation Board postponed a meeting scheduled for Sept. 12 to discuss CSX鈥檚 rail service woes this summer.

September 7, 2017