Federal regulators and railroad shippers have turned up the heat on CSX Corp. over repeated service disruptions in a series of letters to and from Washington.
August 15, 2017CSX Corp. News Updates
Railroad
CSX Layoffs Hit Chicago Switching Yard Amid National Cost-Cutting Moves, Union Says
Railroad giant CSX, which is under fire from regulators for operating changes that have disrupted its freight service nationwide, laid off more than 6o employees this week at its primary Chicago switching yard, according to the workers’ union.
August 10, 2017CSX Service Delays Vex Shippers
Shippers frustrated with CSX Corp. deterring railroad service and extended delays are choosing to move some shipments to trucks to satisfy their urgent transportation needs, according to industry insiders.
August 9, 2017CSX Rail Hub in North Carolina Expected to Create 1,500 Jobs
An intermodal CSX rail hub proposed for Rocky Mount will bring 1,500 jobs to North Carolina.
August 7, 2017Changes at CSX Bring Complaints and Slowdown
CSX’s efforts to streamline its operations have brought complaints from customers about deteriorating service. But the head of the railroad is blaming the problems on resistance to change within the company.
August 2, 2017CSX Doubles Down on North Carolina Intermodal Investments
Intermodal service is set for the Port of Wilmington, N.C., with daily CSX service to Charlotte. The first double-stack trains are due to begin operating July 28.
July 21, 2017Analysis: CSX Profit Chugs Along, but Could Come at a Price
CSX Corp. investors who endorsed a massive pay package to bring railroad wunderkind Hunter Harrison on board as CEO are already seeing the payoff. The question is, at what cost?
July 19, 2017Harrison’s First Quarter as CEO of CSX Successful as Profits Increase 15%
Hunter Harrison’s first full quarter at the helm of CSX was successful as profits surged 15% year-over-year.
July 18, 2017CSX Officially Agrees to Pay $84 Million to Keep Hunter Harrison
CSX Corp. has officially agreed to pay $84 million as part of the process to bring Hunter Harrison on board as the CEO, executing an agreement on June 16 that shareholders approved earlier in the month.
June 16, 2017CSX Shareholders Approve $84 Million Payday to Harrison Despite Health Concerns
Despite some concerns in recent weeks about the health of CSX CEO Hunter Harrison, 72, shareholders overwhelmingly approved a resolution to pay him $84 million to recoup money he forfeited when he left Canadian Pacific Railway in January.
June 5, 2017Trending
Newsletter Signup
Subscribe to Transport Topics