CSX CSX Corporation

CSX Announces 2024 Customer Environmental Excellence Award Winners

CSX Announces 2024 Customer Environmental Excellence Award Winners

JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards. This year’s awards recognizes six customers for their commitment to sustainability by converting a portion of their freight from truck to rail.

In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-rail” conversion.

“Sustainability is a shared priority between CSX and our customers. Helping them reduce emissions by converting from trucks to rail is an important part of our strategy,” said Kevin Boone, CSX executive vice president and chief commercial officer. “The winners of this year’s awards achieved the highest annual emissions savings totals among all CSX customers, reflecting their commitment to environmental citizenship.”

To assist customers in making informed decisions about switching to rail transportation, CSX provides an advanced carbon calculator. This tool enables companies to calculate emissions savings for their shipments and gain valuable insights into optimizing supply chain sustainability.

Customers who choose rail over truck transportation can reduce greenhouse gas emissions by 60% to 80%. A typical CSX freight train can carry the cargo load of 280 trucks and is three to four times more fuel-efficient than highway transportation.

The 2024 CSX Customer Environmental Excellence Award winners include six companies whose highway-to-rail conversions resulted in substantial emissions savings during the previous year. Those companies are:

  • Amazon
  • General Motors
  • Heidelberg Materials North America
  • Nissan North America
  • Tropicana
  • WestRock

CSX is recognized as a transportation industry leader in sustainability. In 2020, the company became the first railroad in the United States to align with the Science Based Targets initiative, setting a goal to reduce GHG emissions intensity by 37.3 percent by 2030, using 2014 as a baseline. The company has earned a place on the Dow Jones Sustainability Index for 13 consecutive years, and in 2023 was named to the Forbes Net Zero Leaders list of the top 100 companies focused on sustainability, and recognized by USA TODAY as one of America’s Climate Leaders.

To learn more about the CSX Customer Excellence Awards and the company’s commitment to sustainability visit .

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Contact:

Matthew Korn, CFA, Investor Relations

904-366-4515

Bryan Tucker, Corporate Communications

855-955-6397



EN
22/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CSX Corporation

 PRESS RELEASE

CSX Executive Vice President and Chief Commercial Officer to Address B...

CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials Conference JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Bank of America Transportation, Airlines and Industrials Conference in New York on Tuesday, May 14, at 8:00 a.m. Eastern time.  This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as well as additional financ...

 PRESS RELEASE

CSX Announces 2024 Customer Environmental Excellence Award Winners

CSX Announces 2024 Customer Environmental Excellence Award Winners JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards. This year’s awards recognizes six customers for their commitment to sustainability by converting a portion of their freight from truck to rail. In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-r...

 PRESS RELEASE

CSX Corp. Announces First Quarter 2024 Results

CSX Corp. Announces First Quarter 2024 Results JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and merchandise volume flat. “Working together, the ONE C...

 PRESS RELEASE

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration wit...

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship. The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit develop...

 PRESS RELEASE

CSX Adds Fourteen Rail Served Properties Across Eight States to Select...

CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch