CSX Corporation reports developments for a Class I rail transportation business serving markets across the eastern United States. Company updates center on rail, intermodal and rail-to-truck transload services for energy, industrial, construction, agricultural and consumer-products customers, with network connections to major metropolitan areas, short-line railroads and ocean, river and lake ports.
Recurring CSX news includes quarterly operating results, freight volume and revenue drivers across merchandise, intermodal, coal and other cargo categories, service and corridor initiatives such as the Southeast Mexico Express, industrial-development activity through the CSX Select Site program, dividends, executive presentations and governance changes.
CSX Corp. (NASDAQ: CSX) celebrated its 30th annual Chemical Safety Excellence Award by honoring 53 customers for their safe transportation of hazardous materials in 2023. The award, recognizing customers who shipped a minimum of 600 carloads without any non-accidental releases, underscores the importance of safety in rail transport. In 2023, the winners collectively shipped 144,640 carloads.
Cargill was highlighted for achieving 15 consecutive years of excellence, while five-year milestone winners included industry leaders like Arkema, BP, and Dow Chemical. CSX emphasized the critical role these partnerships play in enhancing safety for employees, the public, and the environment.
CSX received the 2024 Gold Halo Award for Best Employee Engagement Initiative for its collaboration with Wounded Warrior Project (WWP). The Drone Training Program, part of CSX's Pride in Service initiative, offers veterans training to become certified FAA drone pilots and hands-on experience at CSX rail yards. This program aims to equip veterans with transferable skills for future job opportunities. CSX has placed over a dozen veterans in jobs since the partnership began. The program addresses the rising demand for drone pilots, with an estimated 100,000 new jobs by 2025. Additionally, CSX won Silver for Best Direct Service Initiative, showcasing the alignment of social causes with business goals.
CSX Corp. (NASDAQ: CSX) announced that its Executive Vice President and Chief Financial Officer, Sean Pelkey, will speak at the 17th Annual Wolfe Research Global Transportation & Industrials Conference. The event will take place in New York on May 22, 2024, at 8:35 a.m. Eastern time. Pelkey's address will be broadcast live via a webcast, with a replay available afterward on the company's investor website.
CSX , listed on NASDAQ as CSX, declared a $0.12 per share quarterly dividend for common stock. The dividend will be paid on June 14, 2024, to shareholders of record on May 31, 2024.
CSX Corp. held its Annual Shareholders Meeting and announced the re-election of 11 director nominees and the appointment of Anne Chow to its board. Chow, a seasoned leader with a background at AT&T, brings expertise in customer service and technology. Her addition underscores CSX's commitment to growth and innovation. The PR emphasizes her strategic vision and industry accolades, highlighting her potential to drive profitable growth for the company.
CSX Corp.'s Executive Vice President and Chief Commercial Officer, Kevin Boone, is set to speak at the Bank of America Transportation, Airlines, and Industrials Conference in New York on May 14, 2024. The address will be broadcast live via webcast and a replay will be available. Investors can find more information on CSX's website.
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