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June 03, 2015 2:09 PM ET

Road and Rail

Company Overview of CSX Transportation, Inc.

Company Overview

CSX Transportation, Inc. operates rail networks in the United States. It provides rail freight transportation over a network of approximately 22,000 route miles in 23 states, the District of Columbia, and two Canadian provinces. The company’s rail shipments include merchandise; automotive products; and coal, coke, and iron ore. CSX Transportation, Inc. was formerly known as Seaboard System Railroad, Inc. and changed its name to CSX Transportation, Inc. in July 1986. The company was incorporated in 1944 and is based in Jacksonville, Florida. CSX Transportation, Inc. operates as a subsidiary of CSX Corp.

500 Water Street

15th Floor

Jacksonville, FL 32202

United States

Founded in 1944

32,074 Employees

Phone:

904-359-3200

Fax:

904-359-2459

Key Executives for CSX Transportation, Inc.

Executive Vice President, Chief Commercial Officer and Director
Age: 67
Senior Vice President of Finance
Age: 60
Chief Operating Officer and Executive Vice President
Age: 55
Chief Commercial Officer and Executive Vice President
Age: 62
Chief Transportation Officer and Vice President
Age: 49
Compensation as of Fiscal Year 2014.

CSX Transportation, Inc. Key Developments

A State Board Approves $361,000 Fine against CSX Transportation for 2014 Derailment, Oil Spill in Lynchburg

A state board has approved a $361,000 fine against CSX Transportation for a 2014 derailment in Lynchburg that spilled Bakken crude oil into the James River. The Virginia Department of Environmental Quality proposed the fine in a consent order that CSX approved. CSX also agreed to complete restoration of the river bank in the area of the derailment and monitor the river for any long-term environmental impacts from the incident. The consent agreement also calls for CSX to pay more than $18,500 for DEQ's investigative costs. Seventeen cars derailed on April 30, 2014, with three going into the river and one catching fire.

CSX Inks Deal with EPA for Derailment Clean Up

CSX Transportation Inc. has inked an agreement with the U.S. Environmental Protection Agency (EPA) to clean up and restore areas affected by last month's train derailment and crude oil spill in Mount Carbon, W. Va. EPA stated that this new agreement replaces an earlier EPA order for cleanup and restoration.

Parents of Sarah Jones Files Lawsuit Against CSX Transportation, Inc

CSX Transportation announced that it twice denied producers of a movie about singer Gregg Allman the permission to shoot on the company's tracks before a freight train slammed into the film's crew in south Georgia, killing one worker and injuring six. CSX is named as a defendant along with producers of the movie "Midnight Rider" in lawsuits by the parents of Sarah Jones, the camera assistant killed in the Feb. 20 crash, and two injured crew members. CSX filed a response in Chatham County State Court, and also sued the film's producers for trespassing.

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Target
Bankruptcy
June 16, 2014
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