CSX Transportation
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CSX Transportation (reporting mark CSXT), known colloquially as simply CSX, is a Class I freight railroad company operating in the Eastern United States and the Canadian provinces of Ontario and Quebec.
CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.
9,809 miles (15,786 km) (July 1967) The Seaboard Coast Line Railroad ( reporting mark SCL) was a Class I railroad company operating in the Southeastern United States beginning in 1967. Its passenger operations were taken over by Amtrak in 1971. Eventually, the railroad was merged with its affiliate lines to create the Seaboard System in 1983.
Shares of railroad giant CSX Corporation (NASDAQ:CSX) have fallen 14.3% year-to-date, marginally outperforming the S&P 500 Indexs loss of 16.5%.
Selkirk Yard is a large freight railroad yard located in Selkirk, New York, about 8 mi (13 km) south of Albany. The yard is owned by CSX Transportation and is its major classification yard for the northeastern United States and the gateway to points east of the Hudson River, including New York City.
The sale of Pan Am Systems to CSX underwent regulatory review by the Surface Transportation Board, which approved the sale on April 14, 2022. At midnight on June 1, 2022, CSX Corp began operating Pan Am Railways as a subsidiary of CSX Transportation; Pan Am Systems ceased operations.