2014 News Releases

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04/15/14CSX Corporation Announces First-Quarter Earnings and Dividend Increase
JACKSONVILLE, Fla., April 15, 2014 /PRNewswire/ -- Highlights: First-quarter earnings per share of $0.40 CSX continues to expect modest full-year earnings growth Merchandise and intermodal show continued strength, and the utility coal environment is improving Quarterly dividend increases 7 percent beginning in second quarter to $0.16 per share CSX Corporation (NYSE: CSX) today announced first-quarter net earnings of $398 million, or $0.40 per share, down from $462 million, o... 
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04/09/14CSX Celebrates 10-Year Anniversary Of Its Partnership With Minority-Owned Banks
JACKSONVILLE, Fla., April 9, 2014 /PRNewswire/ -- CSX (NYSE: CSX) today renewed its partnership with a syndication of minority-owned banks led by Citizens Trust Bank of Atlanta (CTB). The agreement marks the tenth anniversary of the relationship, part of the CSX commitment to working closely with businesses in the communities it serves. "At CSX, we recognize and applaud the role of local entrepreneurs in promoting the health of our nation's economy and growing jobs in their communities," said... 
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04/02/14State-of-the-Art Terminal Begins Operations in Winter Haven
WINTER HAVEN, Fla., April 2, 2014 /PRNewswire/ -- Evansville Western Railway, an affiliate of CSX, today announced the start of operations at the state-of-the-art intermodal terminal located just off State Road 60.  Known as the Central Florida Intermodal Logistics Center (ILC), this facility serves as a centralized hub for transportation, logistics and distribution serving Orlando, Tampa and South Florida. The 318-acre intermodal terminal is surrounded by 930 acres that is planned for develo... 
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03/31/14CSX 2013 Annual Report Highlights Industry-Leading Safety, Highest-Ever Customer Satisfaction And Record Financial Performance
JACKSONVILLE, Fla., March 31, 2014 /PRNewswire/ -- CSX (NYSE: CSX) is in the midst of an "exciting and transformative time," leveraging the most diverse portfolio in company history, wrote Michael Ward, CSX chairman, president and chief executive officer, in the company's 2013 Annual Report delivered this past week. "The CSX you see today has overcome a challenging macroeconomic environment while transforming itself to leverage the growth opportunities that exist in nearly all of its busines... 
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03/26/14CSX Urges STB to Reject Flawed Switching Scheme
JACKSONVILLE, Fla., March 26, 2014 /PRNewswire/ -- CSX Transportation opposes a proposal before the Surface Transportation Board (STB) that would create unpredictable traffic flows, reduce high levels of customer service achieved over the past few years, and diminish the company's incentive to keep investing at record levels in critically needed transportation infrastructure. "Our work is focused on achieving high levels of service reliability and predictability, which are critical elements i... 
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03/19/14CSX Corporation Announces Dates For Earnings Release and First-Quarter Earnings Call
JACKSONVILLE, Fla., March 19, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) will release first-quarter financial and operating results on Tuesday, April 15, 2014, after the market close. The company will host an earnings conference call at 8:30 a.m. Eastern Time on Wednesday, April 16, 2014 via teleconference and a live audio webcast. Those interested in participating via teleconference may dial 1-888-327-6279 (1-888-EARN-CSX) and ask for the CSX earnings call. Callers outside the U.S. ... 
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03/12/14Gary Sease Named CSXT Vice President, Corporate Communications
JACKSONVILLE, Fla., March 12, 2014 /PRNewswire/ -- CSX Transportation, Inc. today announced the appointment of Gary T. Sease as vice president, corporate communications, effective March 30.  He succeeds Vance Meyer, who is leaving CSX after leading significant communications efforts, including successfully strengthening the company's brand and developing social media capabilities over the past nine years. Currently, Sease serves as director, corporate communications for CSX Transportation, a ... 
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03/12/14CSX Expects More Modest Full-Year Earnings Growth Reflecting Challenging Weather Conditions
JACKSONVILLE, Fla., March 12, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) Chief Financial Officer Fredrik Eliasson today discussed a variety of financial and market-specific topics at the J.P. Morgan Aviation, Transportation and Industrials Conference in New York City, including the first quarter weather impact on CSX, macroeconomic drivers of company growth, and long-term earnings guidance. "The severe weather has challenged CSX operations and volume, with the impact on first quarter e... 
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03/05/14CSX Corporation Chief Financial Officer to Address J.P. Morgan Aviation, Transportation and Industrials Conference
JACKSONVILLE, Fla., March 5, 2014 /PRNewswire/ -- Fredrik Eliasson, CSX Corporation (NYSE: CSX) executive vice president and chief financial officer will address the J.P. Morgan Aviation, Transportation and Industrials conference in New York City on Wednesday, March 12, at 8:00 a.m. Eastern Time. Access to the audio webcast will be available on CSX's website at http://investors.csx.com.  A replay and accompanying audio will be available following the conclusion of this event. About CSX ... 
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02/27/14CSX Named One Of World's Most Admired Companies By FORTUNE Magazine
JACKSONVILLE, Fla., Feb. 27, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced that it has been named one of the World's Most Admired Companies in 2014, according to a survey published by FORTUNE Magazine. The comprehensive rankings were released today.  In 2013 CSX achieved an industry leading safety performance, as well as record-high customer satisfaction, revenues and earnings per share from continuing operations, all while taking forward-leaning actions to position its ra... 
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02/27/14CSX CEO to Harvard Business School: CSX Meeting Growing Transportation Demand, Strengthening American Competitiveness
JACKSONVILLE, Fla., Feb. 27, 2014 /PRNewswire/ -- America's freight railroads are investing in facilities, technology and programs to meet the country's growing consumption and transportation needs, CSX (NYSE: CSX) chairman, president and chief executive officer Michael Ward told an audience of more than 200 business and policy leaders at a Harvard Business School (HBS) panel today. The panel, "What Moves U.S.," is part of the "America on the Move: Transportation and Infrastructure for the 21... 
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02/25/14CSX J&L Tunnel Project Earns Two Engineering Awards
JACKSONVILLE, Fla., Feb. 25, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced that its J&L Tunnel Modification Project in Pittsburgh has won the Project of the Year Award from the Engineers' Society of Western Pennsylvania (ESWP) and the Diamond Award for Engineering Excellence from the American Council of Engineering Companies of Pennsylvania (ACEC/PA). These awards recognize the J&L Tunnel Project's safe completion, sustainability, cost-effectiveness and community benef... 
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02/12/14CSX Corporation Declares Quarterly Dividend
JACKSONVILLE, Fla., Feb. 12, 2014 /PRNewswire/ -- Earlier today, the board of directors of CSX Corporation (NYSE: CSX) approved a $0.15 per share quarterly dividend on the company's common stock. The dividend is payable on March 14, 2014, to shareholders of record at the close of business on February 28, 2014. CSX, based in Jacksonville, Florida, is a premier transportation company.  It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad a... 
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02/12/14CSX Corporation Chief Financial Officer to Address Barclays Industrial Select Conference
JACKSONVILLE, Fla., Feb. 12, 2014 /PRNewswire/ -- Fredrik Eliasson, CSX Corporation (NYSE: CSX) executive vice president and chief financial officer, will address the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, at 8:05 a.m. Eastern Time. Access to the audio webcast will be available on CSX's website at http://investors.csx.com.  A replay and accompanying audio will be available following the conclusion of this event. About CSX CSX, based in Jackso... 
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01/30/14CSX Recognized On CDP's 2013 Supplier Climate Performance Leadership Index
JACKSONVILLE, Fla., Jan. 30, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced that the company achieved a position on the CDP Supplier Climate Performance Leadership Index (SCPLI) for environmental stewardship in 2013. CSX was recognized for its steadfast commitment to helping its customers make informed transportation decisions that reduce carbon emissions and meet their sustainability goals. "At CSX, we take seriously our responsibility to help customers understand their car... 
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01/20/14Bryan Rhode Named CSX Regional Vice President, State Government Affairs
JACKSONVILLE, Fla., Jan. 20, 2014 /PRNewswire/ -- CSX Corporation (NYSE: CSX) today announced the appointment of Bryan Rhode as regional vice president - state government affairs in Virginia. Reporting to Quintin Kendall, vice president - state government and community affairs, Rhode is responsible for CSX Transportation's executive branch, legislative and community initiatives in Virginia, and oversees similar efforts in Maryland and Delaware. "Bryan's extensive background in public safet... 
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01/15/14CSX Corporation Announces Fourth-Quarter and Full-Year Earnings
JACKSONVILLE, Fla., Jan. 15, 2014 /PRNewswire/ --  Highlights: Fourth-quarter and full-year earnings per share of $0.42 and $1.83, respectively Revenue gains broad-based, led by intermodal and merchandise markets Favorable outlook for majority of markets in 2014 CSX Corporation (NYSE: CSX) today announced fourth-quarter 2013 net earnings of $426 million, or $0.42 per share, down slightly from $449 million, or $0.44 per share in 2012.  Prior year results included after-tax real... 
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01/10/14CSX Customers Invest More Than $3 Billion in 2013
JACKSONVILLE, Fla., Jan. 10, 2014 /PRNewswire/ -- In 2013, CSX and its customers worked together to develop 121 new or expanded facilities on the CSX rail network or its connecting short line partners. These facilities represent $3 billion in customer investments and more than 1,600 new job opportunities at those facilities. In the past five years, CSX customers invested more than $14 billion in rail-served facilities, generating more than 14,000 jobs at industrial plants, distribution center... 
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