ENFIELD, N.C. — Twenty-eight cars of a CSX loaded CSX coal train derailed Sunday afternoon (Aug. 17, 2025) north of Rocky Mount, N.C., bringing extensive disruptions to Amtrak service as well as freight operations. No injuries were reported, and a CSX representative told WRAL-TV that no waterways had been affected and there was “no threat […]
Amid merger speculation and ongoing freight doldrums, CSX will continue to focus on its own growth, service, and operations initiatives, Chief Commercial Officer Kevin Boone told an investor conference today. “Despite a trucking market that’s not really helpful right now … we are seeing truck conversions coming in every week,” Boone says. “I think that […]
LAURENS, S.C. — Two juveniles have been detained and charged with a series of crimes after allegedly stealing and derailing a locomotive, the City of Laurens Police Department has announced. The police are investigating break-ins at CSX Transportation and Carolina Piedmont Railroad facilities on Saturday, Aug. 9. Between 5 p.m. and 8 p.m. the juveniles […]
Analysts widely expect that BNSF Railway and CSX will seek to merge in the wake of last month’s announcement that rivals Union Pacific and Norfolk Southern would combine in an $85 billion deal to create the first U.S. transcontinental railroad. “The question around BNSF remains not if but when they will announce a deal to […]
JACKSONVILLE, Fla. — CSX is investing $1.5 million in a hazardous materials training facility to be built at the Fire Academy of the South, part of Florida State College at Jacksonville. Groundbreaking was held Monday, Aug. 4, for what the company says will be the nation’s first railroad-operated hazardous materials training institute. CSX posted a […]
ST. ALBANS, W.Va. — Derailment of a CSX coal train early today (Sunday, Aug. 3) has led to cancellation of Amtrak’s Cardinal in both directions between Huntington, W.Va., and New York. The St. Albans Fire Department, which responded to the incident at 12:33 a.m., said in a social media post that no injuries were reported; […]
JACKSONVILLE, Fla. — CSX has declined to comment on a Bloomberg report that it has engaged Goldman Sachs to advise it about potential merger options. Today’s news comes in the wake of this week’s announcement that Union Pacific will acquire Norfolk Southern in an $85 billion deal that would create the first transcontinental railroad. Industry […]
Ancora Holdings, the activist investor that waged a proxy battle for control of a beleaguered Norfolk Southern in 2024, now may have CSX in its crosshairs. “We’ve been a growing shareholder in CSX and I think that company finds itself at the crossroads … of whether it wants to find a merger partner or whether […]
WASHINGTON — Groups representing rail shippers say they would be opposed to the creation of a transcontinental railroad in the U.S., arguing that further consolidation in the industry would reduce their competitive options, lead to higher rates, and worsen service. Union Pacific and Norfolk Southern said last week that they are engaged in advanced negotiations […]
A stat in a Schneider news release caught my eye earlier this month: Overall cross-border intermodal volume between the U.S. and Mexico was up 17% last year. Impressive, yes. But what jumped off the screen was Schneider’s growth rate. Its cross-border traffic — which rides Canadian Pacific Kansas City’s flagship Mexico Midwest Express hotshots — […]
JACKSONVILLE, Fla. — CSX may not be out shopping for a merger partner, but the railroad will consider proposals that would raise shareholder value, improve service, and lead to profitable growth. “We know there’s been a lot of rumor and speculation about consolidation in the railroad industry in recent weeks,” CSX CEO Joe Hinrichs said […]
JACKSONVILLE, Fla. — CSX’s second-quarter profits slumped as unfavorable changes in traffic mix drove a revenue decline and costs rose amid congestion and detours related to a pair of main line outages. But executives said they were encouraged by the pace of the railroad’s operational recovery during the quarter, which produced improvements in on-time performance. […]
