CSX Corporation

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CSX Corporation
Type Public
Traded as NYSECSX
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 Increase9,566,000,000
Operating income Increase2,138,000,000
Net income Increase1,310,000,000
Employees Increase36,005
Subsidiaries CSX Transportation
Website http://www.csx.com/

CSX Corporation 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 (predecessor railroad Seaboard had also been headquartered in Jacksonville). 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.

Subsidiary Companies[edit]

CSX's headquarters in Jacksonville, Florida

Divestitures and Discontinued Operations[edit]

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