31 Facts About CSX Transportation

1. CSX Transportation has reduced the manpower required to manage railcar distribution, saving an additional $1 million per year.

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2. CSX Transportation estimates it saves over $50 million per year from the DCP system from reduced fuel, crew and car depreciation costs as a result of lower empty repositioning miles.

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3. CSX Transportation is effectively executing its scheduled railroading operating model as it drives toward becoming the best run railroad in North America.

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4. CSX Transportation offers rail transportation and distribution services throughout the eastern half of the United States and two Canadian provinces.

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5. CSX Transportation boosted earnings per share by using the capital from the sale of its various holdings to repurchase roughly 40 percent of its outstanding common stock.

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6. CSX Transportation created its CSX Transportation Intermodal, Inc subsidiary, the first full-service intermodal company to serve more than one continent, in 1987.

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7. In 1986 CSX Transportation moved into resort operations with the purchase of Rockresorts, Inc from Laurance Rockefeller.

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8. CSX Transportation acquired 40 percent of Conrail's assets while Norfolk received the remaining 58 percent when the deal was finalized on June 1, 1999.

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9. CSX Transportation Lines, which contributes 8 percent of sales, operates a fleet of 16 vessels that offer domestic container shipping services to and from the United States and Guam, Puerto Rico, Alaska, and Hawaii.

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10. In 2002, CSX Transportation shed another component of its Sea-Land business, selling its domestic shipping line business.

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11. CSX Transportation improved its share earnings by using money from the gas and oil sale to buy back about 39 percent of its outstanding common stock.

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12. In 1983 CSX Transportation made a deal with Southern New England Telephone Company to place a fiber optics telecommunication system along the CSX rights-of-way.

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13. CSX Transportation plays an integral role in the nation's economic development and the growth of the global economy.

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14. CSX Transportation is a leading supplier of rail-based freight transportation in North America.

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15. North Carolina Department of CSX Transportation reports a section of Peppers Creek Road, about seven miles south of Spruce Pine, is closed due to the derailment.

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16. Under the agreement, CSX Transportation is spending $100 million to upgrade tracks, bridges and signals along the 106-mile corridor to safely support the growth.

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17. CSX Transportation has taken the more dramatic approach to lowering its operating ratio by implementing a "precision scheduled railroad" model.

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18. CSX Transportation has obtained a few EMD F40PHs that were retired from Amtrak for executive office car service and geometry trains.

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19. CSX Transportation has modified some GE CW44AC and CW44AH units to heavy units by adding extra counterweights to the frame and in the nose of the unit she and new computers to increase tractive effort at low speeds, they are 432,000 pounds.

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20. In 2016, CSX Transportation placed the logos of several predecessor railroads on some locomotives, in order to maintain legal control of the logos.

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21. CSX Transportation has several locomotives with "spirit" stickers with a name of an important person or location in the CSX system.

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22. CSX Transportation recently created a new paint scheme, known as YN3b, which updates YN3 with the most recent CSX logo.

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23. CSX Transportation operates the Juice Train which consists of Tropicana cars that carry fresh orange juice between Bradenton, Florida, and the Greenville section of Jersey City, New Jersey.

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24. CSX Transportation operates two regions of five divisions each: the Northern, based in Calumet City, Illinois; and Southern, based in Jacksonville, Florida.

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25. CSX Transportation added five new directors to their board, including Harrison and Mantle Ridge founder Paul Hilal.

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26. In 2017 CSX Transportation announced Hunter Harrison as its new chief executive; a settlement with activist investor Paul Hilal and Mantle Ridge.

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27. CSX Transportation now serves much of the Eastern United States, with a few routes into nearby Canadian cities.

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28. CSX Transportation began operating its trains on its portion of the Conrail network on June 1, 1999.

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29. CSX Transportation acquired 42 percent of Conrail's assets, and NS received the remaining 58 percent.

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30. In 1995, CSX Transportation started a new liability insurance requirement of $200 million to introduce their official policy "No steam on its own wheels", banning the operation of steam locomotives and other antique rail equipment on their trackage due to serious business, safety concerns, and increased risk.

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31. CSX Transportation is a Class I railroad operating in the eastern United States and the Canadian provinces of Ontario and Quebec.

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