CSX Corporation
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| Type | Public |
|---|---|
| Traded as | NYSE: CSX S&P 500 Component Dow Jones Transportation |
| Industry | Transport |
| Founded | 1980 |
| Headquarters | Jacksonville, Florida, U.S. |
| Area served | Eastern United States |
| Key people | Michael J. Ward, Chairman, President, and CEO |
| Services | Railroad Transport |
| Revenue |  9,566,000,000 |
| Operating income | 2,138,000,000 |
| Net income | 1,310,000,000 |
| Employees | 36,005 |
| Subsidiaries | CSX Transportation |
| Website | http://www.csx.com/ |
CSX Corporation (NYSE: CSX) was formed in 1980 by the merger of Chessie System and Seaboard Coast Line Industries and eventually merged the various railroads owned by those predecessors into a single line that became known as CSX Transportation. Based in Richmond, Virginia, USA after the merger, in 2003 headquarters moved to Jacksonville, Florida. The chairman, president, and chief executive officer since 2003 is Michael J. Ward.
The founding chairman was Prime F. Osborn III of Seaboard and the first CEO and second chairman was Hays T. Watkins Jr. of Chessie. Watkins was succeeded by John W. Snow as CEO in 1989 and as chairman in 1991. When Snow left the company in 2003 to become United States Secretary of the Treasury, Ward, who then headed CSX Transportation, was promoted to succeed him.
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[edit] Subsidiary Companies
- CSX Transportation, Inc.[1]
- CSX Intermodal Terminals, Inc.[2]
- CSX Real Property, Inc.[3]
- CSX Technology, Inc. [4]
- Total Distribution Services, Inc.[7]
- TRANSFLO Corporation [8]
- Fruit Growers Express Co.[9]
- CSX de Mexico [10]
- Consolidated Rail Corporation (CONRAIL) (Shares ownership with Norfolk Southern)
- Winston-Salem Southbound Railway (Shares ownership with Norfolk Southern)
[edit] Divestitures and Discontinued Operations
- CSX Hotels, Inc.
- Greenbrier Hotel Corporation sold to Justice Family Group in 2009
- Sea-Land Corporation split into two shipping lines and a terminal operator:
- CSX Lines, LLC (Domestic liner, sold and renamed Horizon Lines, Inc.)
- Sea-Land Corporation (International liner, sold to the A. P. Moller-Maersk Group in 1999)
- CSX World Terminals, LLC (International Terminals business)[11]
- SL Services, Inc. (“SLSI”) sold to Dubai Ports International FZE (“DPI”) in 2005 [12]
- Orange Blossom Investment Company, Ltd sold to Dubai Ports International FZE (“DPI”) in 2005
- CSA Acquisition Corp.
- Texas Gas Transmission Corporation bought in 1983, sold in 1988 to Transco [13]
- Energy and utilities
[edit] References
- ^ http://www.csx.com/index.cfm/about-csx/company-overview/organization/ CSX Company Organization
- ^ http://www.csx.com/index.cfm/about-csx/company-overview/organization/ CSX Company Organization
- ^ http://www.csx.com/index.cfm/about-csx/company-overview/organization/ CSX Company Organization
- ^ http://www.rrb.gov/pdf/bcd/bcd97-31.pdf
- ^ http://www.rrb.gov/pdf/bcd/bcd97-31.pdf
- ^ http://www.rrb.gov/pdf/bcd/bcd97-31.pdf
- ^ http://www.csx.com/index.cfm/about-csx/company-overview/organization/ CSX Company Organization
- ^ http://www.csx.com/index.cfm/about-csx/company-overview/organization/ CSX Company Organization
- ^ http://www.stb.dot.gov/econdata.nsf/ddcd1d0e9ffd326985256605005f697b/c76d823b38d2eea485257720004ec8cd/$FILE/2009%20Sch.250%20CSX%20%20Transportation,%20Inc..PDF Consolidated Information for Revenue Adequacy Determination
- ^ http://www.csx.com/index.cfm/customers/international-services/csx-de-mexico/ CSX de Mexico
- ^ http://media.corporate-ir.net/media_files/irol/92/92932/annual_reports/2004AR.pdf CSX Corporation 2004 Annual Report
- ^ http://media.corporate-ir.net/media_files/irol/92/92932/annual_reports/2008AR.pdf CSX Corporation 2008 Annual Report
- ^ http://www.nytimes.com/1988/12/24/business/csx-to-sell-pipeline-to-transco.html New York Times: CSX to Sell Pipeline to Transco
[edit] External links
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