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Appeals court sides with CSX in conductor's death
2015-05-04 19:12:20| Railroads - Topix.net
In a case stemming from a conductor who suffered a fatal heart attack, a divided appeals court Monday sided with CSX Transportation in a dispute about the railroad's duty to provide medical assistance. The 1st District Court of Appeal, in a 2-1 decision, upheld a circuit judge's ruling in favor of the railroad in a case brought by Crystal Sells , the widow of conductor Larry Sells.
Tags: death
court
sides
appeals
CSX mostly endorses new crude oil safety requirements, hesitant on some aspects
2015-05-02 14:35:03| Railroads - Topix.net
CSX Corp. , headquartered in Jacksonville, had a mixed reaction to Friday's final rule from the U.S. Department of Transportation, which changed requirements for trains carrying flammable liquids - including crude oil and ethanol - to have stricter guidelines. "CSX endorses the more rigorous standards adopted today for the North American tank car fleet that carries flammable materials, such as crude oil and ethanol, as an important and well-researched step in making safe railroads safer," the company said in a statement.
Tags: some
safety
requirements
oil
Is CSX Sounding The Horn On The U.S. Credit Cycle?
2015-04-28 11:12:52| Railroads - Topix.net
CSX is one of the first old-line industrial companies to embark on a share buyback program funded from borrowing rather than free cash flow generation. Increasing leverage while top-line growth is anemic could signal that a new stage of the U.S. credit cycle has begun.
CSX adding resources to obey new slowdown mandates
2015-04-22 23:10:12| Railroads - Topix.net
Although CSX Corp. has voluntarily limited its trains carrying crude oil to 40 miles per hour since a safety advisory last year, the company is expanding its precautions to be in line with a U.S. Department of Transportation's emergency order , which requires the speed limit for trains carrying crude and other flammable commodities such as ethanol. "CSX will work quickly and diligently to implement the U.S. Department of Transportation's new directives on trains carrying crude oil and other high hazard flammable commodities," spokeswoman Melanie Cost said in an email to the Business Journal.
Tags: resources
adding
obey
mandates
One Reason CSX Stock Is Rising Today
2015-04-21 08:43:13| Railroads - Topix.net
More than 27,000 May 34 calls were bought in the final half-hour of Friday's session in the range of 41 cents to 90 cents, according to optionMONSTER's Heat Seeker tracking program. At the same time, approximately 10,500 May 35 calls were purchased in the range of 18 cents to 46 cents.
Tags: today
stock
reason
rising
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