Csx Corp

CSX Corp. is a publicly traded company having a good stock performance result. CSX Corp. is a fortune 500 stock listed company trading under CSX. CSX was established in 1978 and is headquartered in Jacksonville, Florida.

CSX Corporation, through its subsidiaries, provides intermodal, rail and rail-to-truck transload services. It operates railroad in the eastern United States and provides coast-to-coast intermodal transportation. Mr. Michael J. Ward is the chairman, chief executive officer, president, chairman of executive committee.

The company transports phosphates and fertilizers, food and consumer products, agricultural products, metals, forest products, and chemicals, as well as transports coal, coke, and iron ore to electric utilities and manufacturers. As of December 30, 2005, it operated just about 21000-mile rail network, around 3,700 locomotives, and 66,451 and 36,863 owned and Leased Freight Car Fleet.

CSX Corporation is the parent company of several direct and indirect wholly-owned subsidiaries, including CSX Intermodal, Inc., CSX Technology, CSX Real Property, Inc., Inc., CSX Transportation, Inc., The Total Distribution Services, Inc. Greenbrier Resort Management Company, and Transflo Corporation. Each subsidiary is a separate and different company.

In the fourth quarter of 2004, CSX delivered its 11th consecutive quarter of revenue growth. CSX Surface Transportation, which includes their freight rail and intermodal businesses, set operating income records in every quarter of 2005. For the year, Surface Transportation revenue was an all-time record 8.02 billion dollars. This was an increase of 581 million dollars compared to 2003 revenue of 7.44 billion dollars. For the year, revenues were a record 8.6 billion dollars, an increase of 578 million dollars over 2004, and operating income was more than 1.5 billion dollars, up 556 million dollars. They ended the year with their eighth consecutive quarter of revenue and operating income growth.  In 2006, CSX will increase capital spending 40 percent to 1.4 billion dollars, with much of the capital targeted for expansions to their transportation network.

Its principal operating company, CSX Transportation Inc., operates the largest railroad in the eastern United States with a 22,000-mile rail network linking commercial markets in 23 states, the District of Columbia, and two Canadian provinces.