CSX Railway
CSX bridge-tunnel projects snare $98M in U.S. funding PDF Print E-mail
Written by the Toledo Blade   
Saturday, 20 February 2026 00:00
TOLEDO, Ohio — Bridge and tunnel projects that will support rail freight transportation between a new terminal in North Baltimore and central Pennsylvania have been chosen to receive $98 million in federal stimulus funds.

The Transportation Investment Generating Economic Recovery grant includes $30 million for improving clearances at 18 bridges over CSX Transportation railroad tracks in northeast Ohio that are too low to allow trains carrying stacked freight containers to pass beneath them. In most cases, the bridges will be replaced, though in a few, the tracks beneath them will be lowered.

Similar clearance improvements, including enlargement of tunnels, planned for Pennsylvania and West Virginia will be paid for in part with the balance of the grant, creating a double-stacked container route between North Baltimore and a CSX terminal in Chambersburg, Pa., near Harrisburg.
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CSX announces third quarter 2009 earnings PDF Print E-mail
Written by CSX   
Friday, 16 October 2025 00:00
JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) today announced third quarter earnings from continuing operations of $293 million, or 74 cents a share, versus $380 million, or 93 cents a share, in the same period last year.

Third Quarter Highlights:

-- Earnings per share of 74 cents and operating income of $598 million
-- Operating ratio of 73.9 percent, a third quarter record
-- Strong safety and service performance

Third quarter revenues of $2.3 billion were down 23 percent from the prior year, primarily due to a 15 percent decline in volume and lower fuel surcharge recovery. At the same time, core pricing remained strong and consistent with prior quarters, reflecting high service levels and the overall value of rail transportation. While volumes declined across the business, the rate of decline continued to slow in nearly all markets compared to the second quarter.
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