CSX

Anne Chow Elected to CSX Board of Directors

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星期三, 五月 8, 2024
Fellow, Executive education, Organizational culture, AT&T, Internet of things, Safety, Kellogg School of Management, Rewired, Advisory board, CSX Corporation, CSX, Knowledge, Marketing, Next, Georgia Tech, Growth, Woman, Strategic planning, Management

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQ: CSX) held its Annual Shareholders Meeting today.

Key Points: 
  • JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) --  CSX Corp. (NASDAQ: CSX) held its Annual Shareholders Meeting today.
  • Preliminary results indicate the re-election of the company’s 11 director nominees for one-year terms and appointment of Anne Chow to its board of directors.
  • She currently serves as Lead Director on the board of Franklin Covey and is also on the board of 3M.
  • The appointment of Anne Chow to the board of directors builds on the leadership that drove CSX to achieve volume growth and strong safety and service performance in 2023 amid challenging economic conditions, and sets the stage for sustained success as the company charts its course for the future.

CSX Corporation Declares Quarterly Dividend

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星期三, 五月 8, 2024
CSX Corporation, CSX

JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock.

Key Points: 
  • JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.12 per share quarterly dividend on the Company’s common stock.
  • The dividend is payable on June 14, 2024, to shareholders of record at the close of business on May 31, 2024.

GEMI Elects New Board of Director Members and Co-Chairs

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星期三, 五月 8, 2024
Nexus, Chair, Senior, Food industry, ConocoPhillips, Sustainability, CSX Corporation, GEMI, Innovation, CSX, EH&S, Retirement, Environment, SLB, Tyson Foods, Smithfield Foods, Carbon accounting, Trade, FedEx, American Chemistry Council, FMI, Management

In addition, Becky Hensley and Brooke Wynn have been elected as Co-Chairs of GEMI.

Key Points: 
  • In addition, Becky Hensley and Brooke Wynn have been elected as Co-Chairs of GEMI.
  • "I am very pleased to welcome the new members of the GEMI Board, and the two Co-Chairs of GEMI," said Mark Johnson Senior Vice President Director – Private Sector Services, Gannett Fleming, Inc.
  • "On behalf of the members of GEMI, I want to thank Mark Johnson for his leadership and support of GEMI.
  • It has been a pleasure to work with him as a Board Member and Chair," said Steve Hellem, GEMI's Executive Director.

CSX and STG Logistics Extend Strategic Partnership to Drive Intermodal Solutions, Enhance Drayage Service

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星期二, 五月 7, 2024
Transport, STG, Organization, Senior, Intermodal transport, Partnership, Carbon, CSX, Intermodal freight transport

CHICAGO, May 7, 2024 /PRNewswire/ -- STG Logistics, Inc., a leading provider of transportation and logistics solutions, is pleased to announce a strengthened partnership with CSX railroad , including an expanded relationship to facilitate drayage services to support their door-to-door CSX RailPlus product.

Key Points: 
  • CHICAGO, May 7, 2024 /PRNewswire/ -- STG Logistics, Inc., a leading provider of transportation and logistics solutions, is pleased to announce a strengthened partnership with CSX railroad , including an expanded relationship to facilitate drayage services to support their door-to-door CSX RailPlus product.
  • "Over the last 30 years CSX's rail network has given us the ability to scale our intermodal business while providing reliable service to our east coast client base," says Tyler Holtgreven, STG's Senior Vice President of Intermodal.
  • "We are incredibly excited about the opportunities ahead, for both of our organizations and our customers."
  • CSX serves major markets in the eastern United States with access to over 70 intermodal terminals.

CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials Conference

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星期四, 五月 2, 2024
Webcast, CSX Corporation, Bank, Conference, Transport, CSX

JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Bank of America Transportation, Airlines and Industrials Conference in New York on Tuesday, May 14, at 8:00 a.m. Eastern time.

Key Points: 
  • JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Bank of America Transportation, Airlines and Industrials Conference in New York on Tuesday, May 14, at 8:00 a.m. Eastern time.
  • This address will be broadcast live via webcast at http://investors.csx.com .
  • A replay will be available following the conclusion of this event.
  • This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com .

CSX Announces 2024 Customer Environmental Excellence Award Winners

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星期一, 四月 22, 2024
CSX Corporation, Transport, Carbon, CSX, Rail freight transport

JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.

Key Points: 
  • JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.
  • In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-rail” conversion.
  • “The winners of this year’s awards achieved the highest annual emissions savings totals among all CSX customers, reflecting their commitment to environmental citizenship.”
    To assist customers in making informed decisions about switching to rail transportation, CSX provides an advanced carbon calculator.
  • The 2024 CSX Customer Environmental Excellence Award winners include six companies whose highway-to-rail conversions resulted in substantial emissions savings during the previous year.

CSX Corp. Announces First Quarter 2024 Results

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星期三, 四月 17, 2024
ONE, Security (finance), CSX Corporation, Coal, EPS, CSX

JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period.

Key Points: 
  • JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period.
  • Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and merchandise volume flat.
  • “Working together, the ONE CSX team delivered a good start to the year that was in-line with our expectations,” said Joe Hinrichs, president and chief executive officer.
  • Diluted EPS of $0.46 decreased 4% from $0.48 in the prior year but increased 2% compared to the previous quarter.

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

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星期二, 四月 16, 2024
Hydrogen, Environment, Canadian Pacific Railway, CPKC, Partnership, Atmosphere, Transport, CSX, CKPC, Rail transport

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.

Key Points: 
  • JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.
  • The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC.
  • The transformation took place at the CSX locomotive shop in Huntington, W.Va.
    "The successful debut of our first hydrogen-powered locomotive stands as a testament to the exceptional skill and dedication of our employees at the CSX Huntington locomotive shop," said CSX President and Chief Executive Officer Joe Hinrichs.
  • This groundbreaking locomotive makes its debut less than 12 months after the collaboration between CSX and CPKC was announced in the summer of 2023.

CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program

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星期一, 四月 15, 2024
Economy, Prospector, City, Consultant, CSX, Commerce, Platinum, Industrialisation, Economic development, Silver, GLS, Ironworks

JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program.

Key Points: 
  • JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program.
  • Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics.
  • CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects expanding companies with highly desirable rail-served properties.
  • “We are very excited to announce this latest round of Select Site designees and congratulate the landowners, counties, and utility partners involved,” said Kellen Riley, CSX Senior Director of Industrial Development.

Sandeep Nailwal-Backed Nailwal Fellowship Concludes First Cohort with Founders Raising from T1 Funds and Joining Top Accelerators

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星期一, 四月 15, 2024
Crypto, Ethereum, Decentralized finance, Goldman Sachs, Shashank, Symbolic capital, Kleiner, AI, Gai, Blockchain, Entrepreneurship, API, CSX, Fellow, Fraction, Beacon, Kleiner Perkins, Stanford University, Privacy, GSR, Architecture, Cryptocurrency

Speaking on the success of the first cohort, Nailwal remarked, "I have been so impressed with the success of this inaugural cohort.

Key Points: 
  • Speaking on the success of the first cohort, Nailwal remarked, "I have been so impressed with the success of this inaugural cohort.
  • With our next cohort, I’m so excited to continue supporting exceptional talent who are ready to explore the vast possibilities within blockchain."
  • Shashank Yadav founded Fraction AI which aims to democratize high-quality data for AI models, revolutionizing data accessibility with a decentralized approach.
  • Recently, Meyer and the Collar team were accepted into the Spring 2024 cohort for a16z’s Crypto Startup Accelerator in London.