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  • Discussion of the operations of CSX Transportation, from 1980 to the present. Official site can be found here: CSXT.COM.
Discussion of the operations of CSX Transportation, from 1980 to the present. Official site can be found here: CSXT.COM.

Moderator: MBTA F40PH-2C 1050

 #423904  by Schuylkill Valley
 
Hi all, I recived this in an E-mail today.
Len


JACKSONVILLE, Fla., (July 17, 2007) - CSX Transportation (CSXT) today
announced it has entered into a rail security partnership with the
states of New York and New Jersey that represents a model CSXT hopes to
use with other states on its system.

The partnership, unique in the rail industry, formalizes and enhances
CSXT's ongoing commitment to both states to share information,
resources, and strategies in order to better protect the communities in
which CSXT operates.

"We're pleased to be the first railroad and among the first private
industries to formalize security partnerships with the states in order
to jointly safeguard both the communities we serve, and our ability to
move the goods so critical to the economy," said David Brown, CSXT Vice
President and Chief Transportation Officer.

The partnership provides New Jersey and New York security officials with
access to CSXT's Network Operations Workstation (NOW) System. This
secure online system, developed and used by CSXT, allows New York and
New Jersey security and law enforcement officials to independently track
the location of CSXT trains and the contents of rail cars being hauled
by CSXT in each state in a nearly real-time environment.

"Ensuring that our freight rail system is secure is a top priority for
my administration," said New Jersey Governor Jon S. Corzine. "Today's
announcement memorializes a partnership with CSXT and New York that
takes a great step toward providing greater protection to the citizens
of the bi-state region. CSXT deserves credit for stepping up and
serving as a model for a collaborative public-private security
initiative. We hope it is one that other private sector companies will
emulate."

In addition to providing access to the NOW System, CSXT works with law
enforcement officials in New York and New Jersey on joint rail security
training and preparedness exercises, and provides round-the-clock access
to CSX rail security professionals.

"We are pleased to continue our tradition of working closely with our
colleagues in New Jersey on security issues of mutual concern in order
to protect the citizens of our two great states, and the rail network
that helps support the region's economy," said New York Governor Eliot
Spitzer. "We also must acknowledge CSXT's ongoing commitment to
cooperating with us in the mission of safeguarding the public."

Today's partnership announcement was made in Liberty State Park, New
Jersey with the Manhattan skyline in the background. Present at the
event were officials from both states, and executives from CSXT.

CSX Transportation Inc. is a principal operating company of CSX
Corporation.

CSX Corporation, based in Jacksonville, Fla., is one of the leading
transportation companies, providing rail, intermodal and rail-to-truck
transload services. The Company's transportation network spans 21,000
miles with service to 23 eastern states and the District of Columbia,
and connects to more than 70 ocean, river and lake ports. More
information about CSX Corporation and its subsidiaries is available at
the Company's website, www.csx.com.
 #423931  by Ocala Mike
 
Pardon me for being cynical, but this is a typical company press release designed to keep the shareholders happy, and to spread the CSX gospel around a little more.

Was there anything in the e-mail about their deferred maintenance practices or about their ongoing relationship with Amtrak operations over their lines?

 #424027  by Conrail4evr
 
Well, this could make things more interesting...it could mean police officers cracking down more on railfans, or perhaps the friendlier ones going so far as to see where the trains are for you...though I'm sure it'll be a nice mix of both with plenty in between.

Of course, I've heard stuff like this before...even after all the recent events in the past 6 years or so, I really haven't had many issues to speak of with the police while railfanning (but who knows, it could all change tomorrow).

And lastly, access to CSX's NOW system...that's almost enough to make me want to become a police officer...almost.

 #424045  by mikec880
 
oh brother...

 #424077  by Schuylkill Valley
 
Jacksonville, Florida (July 17, 2007) - CSX Corporation [NYSE: CSX]
today reported second quarter 2007 earnings of $324 million, or 71 cents
per share.

View second quarter 2007 CSX quarterly financial release information at
http://www.csx.com/?fuseaction=investors.main.


Len.
 #424151  by MuddyAxles
 
...CSX is announcing "No way in He11 are we hiring any more railroad police. You localities want more security?...use your own cops! Here, we'll let ya use our computer system. So the taxpayers now have yet another avenue to supplement the CSX bottom line even further.....in an era of record volumes and profits.

I apologize for the sour grapes, but there's a reason CSX leads this pack of one....they are by far the, the....I'll be kind...most frugal of them all.

 #424316  by Jersey Jeff
 
This article appeared in my local newspaper this morning. I was just shocked to see any freight railroad mentioned in the news media other than news of a derailment! :-)
 #424794  by conrail_engineer
 
MuddyAxles wrote:...CSX is announcing "No way in He11 are we hiring any more railroad police. You localities want more security?...use your own cops! Here, we'll let ya use our computer system. So the taxpayers now have yet another avenue to supplement the CSX bottom line even further.....in an era of record volumes and profits.

I apologize for the sour grapes, but there's a reason CSX leads this pack of one....they are by far the, the....I'll be kind...most frugal of them all.
X2.

In fair disclosure, I should point out that MA and I work on the same routes, sometimes out of the same terminal. All is not well in the Empire State, and especially not at the western end.

 #424858  by Schuylkill Valley
 
Here's another E-mail I recived today.
Len.


JACKSONVILLE, Fla., (July 19, 2007) - CSX Corporation (NYSE: CSX) will
host an analyst and investor conference on Thursday, Sept. 6, 2007, at
8:00 a.m. Eastern Time at The Waldorf=Astoria Hotel in New York City.
Interested analysts and investors may obtain additional information and
pre-register at: http://www.csx.com/?fuseaction=investors.conference

During the conference, CSX Chairman and Chief Executive Officer, Michael
J. Ward, and other members of the senior management team, will present
the company's performance and outline the company's strategic goals, key
initiatives and financial objectives for the future.

The conference will also be available via live internet webcast at
www.csx.com under the Investors section. Presentation materials will be
posted on the company's web site prior to the start of the conference.
Following the conference, an internet replay of the presentation will be
archived on the company web site. In addition, the replay will be
available for download to a portable audio player or computer as a MP3 -
or podcast - file. Both the replay and MP3 file will be in the Investors
section at www.csx.com.

CSX Corporation, based in Jacksonville, Fla., is one of the leading
transportation companies, providing rail, intermodal and rail-to-truck
transload services. The company's transportation network spans 21,000
miles, with service to 23 eastern states and the District of Columbia,
and connects to more than 70 ocean, river and lake ports. More
information about CSX Corporation and its subsidiaries is available at
the company's web site, www.csx.com.