CSX

CSX eyes wheel bearing as cause of Kentucky derailment

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A company investigation has led CSX to believe that a failed wheel bearing may be the cause of last...

https://www.freightwaves.com/news/csx-eyes-wheel-bearing-as-cause-of-kentucky-derailment

Freight rail execs seeing some ‘green shoots’ for beleaguered sector

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New York — The RailTrends conference for 2023, last week’s gathering of many of the industry’s...

https://www.freightwaves.com/news/freight-rail-execs-seeing-some-green-shoots-for-beleaguered-sector

STB’s Oberman rips into Union Pacific CEO Vena

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NEW YORK — Martin Oberman, chairman of the Surface Transportation Board, had several complimentary...

https://www.freightwaves.com/news/stbs-oberman-rips-into-union-pacific-ceo-vena

Class I railroad executives outline plans to bolster rail service

The ongoing theme of improving rail service as a means to capture market share away from trucking again appeared in comments from Class I railroad executives speaking at recent investor conferences.

To frame the discussion around rail service, CSX executives started by looking at what factors and conditions led market share away from rail to truck.

The railroads need to demonstrate that the service they provide is consistently reliable, according to CSX President and CEO Joe Hinrichs. who pointed...

https://www.freightwaves.com/news/class-i-railroad-executives-outline-plans-to-bolster-rail-service

Norfolk Southern wants close look at proposed CPKC-CSX Southeast corridor

Norfolk Southern wants the Surface Transportation Board to compel Canadian Pacific Kansas City and CSX to provide more information on how their plans to create a Mexico-U.S. Southeast corridor will affect passenger and other freight rail traffic — including the Meridian Speedway that NS operates with CPKC.

NS (NYSE: NSC) is asking STB to get CPKC (NYSE: CP) and CSX (NASDAQ: CSX) to consolidate seven applications into one, as well as require CPKC and CSX to provide more analysis on how their...

https://www.freightwaves.com/news/norfolk-southern-wants-close-look-at-proposed-cpkc-csx-southeast-corridor

Sick leave agreement between CSX and railroad signalmen ratified

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CSX and another division of union members with the Brotherhood of Railroad Signalmen have ratified a...

https://www.freightwaves.com/news/sick-leave-agreement-between-csx-and-railroad-signalmen-ratified

Railroad signalers union to conduct safety program with Norfolk Southern

The Brotherhood of Railroad Signalmen (BRS) announced two endeavors Thursday involving the two Eastern U.S. Class I railroads: a collaboration with Norfolk Southern for a pilot safety program with Norfolk Southern (NS) and a sick leave agreement with CSX. 

BRS’ collaboration with NS (NYSE: NSC) will consist of a one-year pilot program developed with input from the Federal Railroad Administration. The program will look at identifying safety improvements and best practices when sharing information...

https://www.freightwaves.com/news/railroad-signalers-union-to-conduct-safety-program-with-norfolk-southern

CSX COO says internal, industry collaboration key to capitalize on opportunities

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CSX’s new chief operating officer intends to break down internal information silos and support the...

https://www.freightwaves.com/news/csx-coo-says-internal-industry-collaboration-key-to-capitalize-on-opportunities

Third-quarter net earnings slip 24% at CSX

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A decline in operating revenues put pressure on CSX’s net profit for the third quarter of 2023.

Net...

https://www.freightwaves.com/news/third-quarter-net-earnings-slip-24-at-csx

Now is the time to add rail to your supply chain

Shippers faced some of the most difficult market conditions in history during and immediately following the coronavirus pandemic. Trucking capacity was tighter than ever, and rates skyrocketed as a result. At the same time, legislator and consumer demands surrounding sustainability hit an all-time high.

Those difficult conditions prompted shippers to look toward rail as an alternative to trucking. While rail was not entirely spared from pandemic-fueled volatility, the mode was able to recover...

https://www.freightwaves.com/news/now-is-the-time-to-add-rail-to-your-supply-chain

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