csx corp (CSX) Key Developments
CSX Corporation and GE Transportation Partner to Pilot Liquified Natural Gas Locomotives
Nov 13 13
CSX Corporation and GE Transportation announced an agreement to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives beginning with a pilot program in 2014. Natural gas-fueled locomotives can travel longer distances without refueling stops, as well as provide environmental and economic benefits. Adoption of natural gas-fueled locomotives will make freight rail an even more attractive transportation solution and furthers the industry's ability to absorb traffic from the nation's highways in an environmentally efficient way. CSX will be working over the next few months to develop a test plan and secure regulatory concurrence. For CSX, GE Transportation will deploy its new NextFuel(TM) Natural Gas Retrofit Kits that enable existing Evolution Series locomotives to operate with dual fuel capabilities. CSX and GE will also work on the continued development of LNG technology for other classes of locomotives to promote gains across a larger portion of the CSX locomotive fleet, and will work closely with key stakeholders and agencies across government to ensure safety, realize environmental and other benefits, and advance LNG deployment.
CSX Corp. and Trade Unions Ink Contract Deal for Locomotive Shop in Huntington
Nov 5 13
CSX Corp. and four labor unions at the company's Huntington Locomotive Shop inked the deal and officials maintain the contract will be enhancing productivity and quality. As per the four-year deal, members of all four unions can be assigned work without regard to craft or union affiliation. In addition, $500 signing bonus will be obtained by the employees and a $1 hourly efficiency differential and guaranteed employment for the duration of the agreement.
CSX, Unions Sign Contract to Prevent Outsourcing
Nov 1 13
CSX Corp. has signed labor agreements covering some 215 railroad workers at its Huntington repair shops, guaranteeing at least four years of employment and preventing outsourcing. The contracts were signed with the Transportation Communications Union, the International Brotherhood of Boilermakers, the International Association of Machinists and Aerospace Workers, and the Sheet Metal, Air, Rail and Transportation Workers.
CSX Corp. Presents at Goldman Sachs Global Industrials Conference 2013, Nov-13-2013 10:15 AM
Nov 1 13
CSX Corp. Presents at Goldman Sachs Global Industrials Conference 2013, Nov-13-2013 10:15 AM. Venue: Boston Harbor Hotel, Boston, Massachusetts, United States. Speakers: Fredrik J. Eliasson, Chief Financial Officer and Executive Vice President.
CSX Corp. Presents at Stephens 2013 Fall Investment Conference, Nov-12-2013 09:00 AM
Oct 28 13
CSX Corp. Presents at Stephens 2013 Fall Investment Conference, Nov-12-2013 09:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States. Speakers: Oscar Munoz, Chief Operating Officer and Executive Vice President.