CSX Adds 18 Rail Served Properties Across 12 States to Select Site Program

Rhea-AI Summary

CSX (NASDAQ: CSX) has announced the addition of 18 rail-served properties across 12 states to its Select Site program. The properties have received gold, silver, or bronze ratings based on comprehensive site evaluations. The company collaborated with over 29 communities to identify prime candidates for the program, which aims to connect expanding companies with rail-served properties.

The designated sites include three Gold Level locations in Massachusetts and Alabama, seven Silver Level sites across Florida, Georgia, Virginia, and Alabama, and ten Bronze Level properties spanning multiple states. Four existing Select Sites from 2024 have been upgraded to higher designations, demonstrating improved site readiness.

According to Kellen Riley, CSX Senior Director of Industrial Development, these Select Sites represent significant economic growth opportunities, with completed due diligence to facilitate faster manufacturer investment and job creation in local communities.

Positive

• Expansion of rail-served property portfolio strengthens CSX's industrial development program
• Strategic presence across 12 states enhances market reach
• Four sites upgraded from 2024, indicating successful property development
• Pre-vetted properties reduce time-to-market for manufacturers

Negative

• None.

JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics.

CSX worked with more than 29 communities to gather information and identify top candidates for the Select Site program, which connects expanding companies with highly desirable rail-served properties.

“Each Select Site reflects months of collaboration with landowners, counties, and utility partners that now represent a significant opportunity for economic growth,” said Kellen Riley, CSX Senior Director of Industrial Development. “By bringing these sites to market with the right due diligence already in place, we’re making it faster and easier for manufacturers to invest, build, and create jobs for local communities.”

Since the last round of candidate sites were awarded in 2024, four existing Select Sites have increased their site readiness and have been upgraded to gold, silver, and bronze designations.

The Select Sites include:

Gold Level

• South Coast Logistics Park Operated by TransloadX– Middleborough, Massachusetts
• Montgomery Inland Logistics* – Montgomery, Alabama

Silver Level

• Eastport Logistics Park – Jacksonville, Florida
• Central Florida Integrated Logistics Park– Winter Haven, Florida
• 5601 Bucknell Drive – South Fulton, Georgia
• Madisonville Industrial Park II – Madisonville, Kentucky
• Dragway Site – Sandston, Virginia
• Creamer Industrial Park* – Brewton, Alabama

Bronze Level

• Evergreen L.P. Site – Evergreen, Alabama
• Florida Crossroads Industrial Zone – Archer, Florida
• CenterPoint Energy Rail Site – Evansville, Indiana
• The Gil Niceley, Sr. Industrial Park – Elizabethtown, Kentucky
• RGL Rockcastle Mega Site – Mount Vernon, Kentucky
• West Industrial Park – Russellville, Kentucky
• Almonaster Avenue CSX Property – New Orleans, Louisiana
• Timberswamp Road Site – Westfield, Massachusetts
• I-70 Gateway Industrial Park – Hagerstown, Maryland
• US 301 North Industrial Site – Enfield, North Carolina
• Massena Industrial Land – Massena, New York
• Aldridge Site– Lesage, West Virginia
• JFTMA Rail Site* – Atmore, Alabama
• 4 Star Industrial Park - Sandy Lee Watkins Build Ready Site* – Robards, Kentucky

*Notates sites that upgraded from 2024.

About CSX

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 array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on X, formerly known as Twitter (http://twitter.com/CSX).

Contact: 
Matthew Korn, CFA, Investor Relations
904-366-4515

Bryan Tucker, Corporate Communications 
855-955-6397

FAQ

What is the significance of CSX's Select Site program expansion to 18 new properties?

The expansion connects manufacturers with pre-vetted, rail-served properties across 12 states, streamlining the site selection process and facilitating faster investment and job creation in local communities.

How many gold-level CSX Select Sites were designated in the 2025 announcement?

Two properties received gold-level designation: South Coast Logistics Park in Middleborough, Massachusetts, and Montgomery Inland Logistics in Alabama.

What criteria does CSX use to rate Select Sites as gold, silver, or bronze?

CSX evaluates sites based on a wide range of characteristics and site readiness, working with landowners, counties, and utility partners to assess property potential.

How many existing CSX Select Sites were upgraded in the 2025 announcement?

Four existing Select Sites from 2024 were upgraded to higher designations (gold, silver, or bronze), showing improved site readiness.