libasan's video: Train Chasing - CSX Engine 5439 CSX 5436 - Hauling Freight Northbound - Northville - Michigan

CSX Transportation (reporting mark CSXT) is a Class I freight railroad operating in the eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles (34,000 km) of track.[1] The company operates as a subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida. CSX Corporation was formed on November 1, 1980, by combining the railroads of the former Chessie System with Seaboard Coast Line Industries. The name came about during merger talks between Chessie System and SCL, commonly called "Chessie" and "Seaboard". The company chairmen said it was important for the new name to include neither of those names because it was a partnership. Employees were asked for suggestions, most of which consisted of combinations of the initials. At the same time a temporary shorthand name was needed for discussions with the Interstate Commerce Commission. "CSC" was chosen but belonged to a trucking company in Virginia. "CSM" (for "Chessie-Seaboard Merger") was also taken. The lawyers decided to use "CSX", and the name stuck. In the public announcement, it was said that "CSX is singularly appropriate. C can stand for Chessie, S for Seaboard, and X, which actually has no meaning." However, an August 9, 2016, article on the Railway Age website stated that " ... the 'X' was for 'Consolidated' ". The T had to be added to CSX when used as a reporting mark because reporting marks that end in X means that the car is owned by a leasing company or private car owner. The company introduced its current slogan, "How Tomorrow Moves", in 2008. The originator of SCL was the former Seaboard Air Line Railroad, which previously merged with the Atlantic Coast Line Railroad in 1967 to form the Seaboard Coast Line. In later years, it merged with the Louisville & Nashville Railroad, as well as several smaller subsidiaries such as the Clinchfield Railroad, Atlanta & West Point Railroad, Monon Railroad and the Georgia Railroad. From the late 1970s onward these railroads were known collectively as the Family Lines. In 1982, they were merged into a single railroad, the Seaboard System Railroad. The origin of the Chessie System was the former Chesapeake & Ohio Railway, which had merged with the Baltimore & Ohio Railroad, and the Western Maryland Railway. Despite the merger in 1980, CSX Transportation never had its own identity (meaning no CSX painted locomotives or rolling stock) as a common carrier railroad until 1986. In that year, Seaboard System changed its name to CSX Transportation. On April 30, 1987, the B&O merged into the C&O. With the Western Maryland having already merged into the C&O, this left the C&O as the sole operating railroad under the Chessie System banner. Finally, on August 31, 1987, C&O/Chessie System merged into CSX Transportation, bringing all of the major CSX railroads under one banner. In 2014, Canadian Pacific Railway approached CSX with an offer to merge the two companies, but CSX declined, and in 2015 Canadian Pacific made an attempt to purchase and merge with Norfolk Southern, but NS declined to do so as well. In 2017, CSX announced Hunter Harrison would become its new chief executive officer; a settlement with activist investor Paul Hilal and Mantle Ridge. CSX added five new directors to their board, including Harrison and Mantle Ridge founder Paul Hilal. Mantle Ridge owns 4.9% of CSX.[9] Harrison quickly moved to convert CSX rail operations to precision railroading. On December 14, 2017, CSX announced that Hunter Harrison was on medical leave. Two days after the announcement, Harrison died, one day after being hospitalized for complications of an ongoing illness. CSX initially saw a 10% drop in its stock price, but turned around to hit a new 52-week high less than a month later (January 2018). Harrison's successors have continued the shift to precision railroading, with most hump yards converted to flat yards, low volume shipping lanes eliminated and reductions in rolling stock and work force. CSX also operates numerous trains to and from Oak Island Yard in Newark, New Jersey, which is operated by Conrail Shared Assets Operations (CRCX) on its and Norfolk Southern's behalf. CSX operates two pairs of daily trains to/from Oak Island, Q433 and Q434 coming from and going to Selkirk, along with Q300 and Q301 to and from South Philadelphia. In 2015, CSX traded its 12 EMD SD80MACs for 12 SD40-2s from Norfolk Southern. They have all since been rebuilt as SD40-3s.