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Britannica Money
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    A famous business organization
    business organization
    Amtrak
    Amtrak
    Union Pacific Center
    Union Pacific Railroad Company

    CSX Corporation

    American company
    Written and fact-checked byThe Editors of Encyclopaedia Britannica
    The Editors of Encyclopaedia Britannica
    Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. They write new content and verify and edit content received from contributors.
    Updated:
      Read More
      A famous business organization
      business organization
      Amtrak
      Amtrak
      Union Pacific Center
      Union Pacific Railroad Company
      Date:
      1980 - present
      Ticker:
      CSX
      Share price:
      $35.13 (mkt close, Nov. 15, 2024)
      Market cap:
      $67.75 bil.
      Annual revenue:
      $14.68 bil.
      Earnings per share (prev. year):
      $1.88
      Sector:
      Industrials
      Industry:
      Ground Transportation
      CEO:
      Mr. Joseph R. Hinrichs

      CSX Corporation, company formed by the merger of the Chessie System, Inc., and Seaboard Coast Line Industries, Inc., in 1980. It operates railroads in 18 states, located mainly east of the Mississippi River, and in Ontario.

      The Chessie System was created as a holding company for the Chesapeake and Ohio Railway Company (q.v.), which had gained control of the Baltimore and Ohio Railroad Company (q.v.) and the Western Maryland Railway Company in 1960 and 1967, respectively. Its routes extend from the Great Lakes to the Chesapeake Bay and the Ohio Valley, with lines to Philadelphia and St. Louis.

      Seaboard Coast Line Industries controls Seaboard System Railroad, Inc., which operates lines from the Gulf of Mexico to the Chesapeake Bay and the Ohio Valley, with others extending to Chicago and St. Louis.