Post by Barry on Aug 23, 2007 13:10:52 GMT -5
I found this on Wikipedia
CSX Transportation was formed on July 1, 1986 as a renaming of the Seaboard System Railroad and Chessie System, Inc. into one entity. The originator of the Seaboard System was the former Atlantic Coast Line Railroad, which previously merged Seaboard Air Line Railroad, and later Louisville and Nashville Railroad, as well as several smaller subsidiaries. On August 31, 1987 the Chesapeake and Ohio Railway, which had absorbed the Baltimore and Ohio Railroad on April 30 of that year, merged into CSX. The merger had been started in 1980 with the merger of Chessie System and Seaboard Coast Line Industries to form the CSX Corporation.
On June 23, 1997, CSX Transportation and Norfolk Southern filed a joint application with the Surface Transportation Board for authority to purchase, divide and operate the assets of the 11,000-mile Consolidated Rail Corporation (Conrail), which had been created in 1976 by bringing together several ailing Northeastern railway systems into a government-owned corporation. On June 6, 1998, the STB approved the CSX-Norfolk Southern application and set August 22, 1998, as the effective date of its decision. CSX acquired 42% of Conrail's assets (Norfolk Southern got the remaining 58%). As a result of the transaction, CSX's rail operations, through its new subsidiary New York Central Lines, grew to include some 3,800 miles of the Conrail system (predominantly the former New York Central Railroad). CSX began operating its trains on its portion of the Conrail network on June 1, 1999.
CSX's headquarters in Jacksonville, Florida, with the Florida East Coast Railway bridge in the foreground.CSX now serves many of the eastern U.S. states (with a few routes into nearby Canadian cities).
The name came about during merger talks between Chessie System, Inc. and Seaboard System Railroad, Inc., commonly called Chessie and Seaboard. The company chairmen said it was important for the new name to include neither of those names due to it being 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, the multiplication symbol, means that together we are so much more, and T for Transportation." The T had to be added to use CSXT as a reporting mark, since company initials that end in X could only be used by non-railroad railcar owners
CSX Transportation was formed on July 1, 1986 as a renaming of the Seaboard System Railroad and Chessie System, Inc. into one entity. The originator of the Seaboard System was the former Atlantic Coast Line Railroad, which previously merged Seaboard Air Line Railroad, and later Louisville and Nashville Railroad, as well as several smaller subsidiaries. On August 31, 1987 the Chesapeake and Ohio Railway, which had absorbed the Baltimore and Ohio Railroad on April 30 of that year, merged into CSX. The merger had been started in 1980 with the merger of Chessie System and Seaboard Coast Line Industries to form the CSX Corporation.
On June 23, 1997, CSX Transportation and Norfolk Southern filed a joint application with the Surface Transportation Board for authority to purchase, divide and operate the assets of the 11,000-mile Consolidated Rail Corporation (Conrail), which had been created in 1976 by bringing together several ailing Northeastern railway systems into a government-owned corporation. On June 6, 1998, the STB approved the CSX-Norfolk Southern application and set August 22, 1998, as the effective date of its decision. CSX acquired 42% of Conrail's assets (Norfolk Southern got the remaining 58%). As a result of the transaction, CSX's rail operations, through its new subsidiary New York Central Lines, grew to include some 3,800 miles of the Conrail system (predominantly the former New York Central Railroad). CSX began operating its trains on its portion of the Conrail network on June 1, 1999.
CSX's headquarters in Jacksonville, Florida, with the Florida East Coast Railway bridge in the foreground.CSX now serves many of the eastern U.S. states (with a few routes into nearby Canadian cities).
The name came about during merger talks between Chessie System, Inc. and Seaboard System Railroad, Inc., commonly called Chessie and Seaboard. The company chairmen said it was important for the new name to include neither of those names due to it being 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, the multiplication symbol, means that together we are so much more, and T for Transportation." The T had to be added to use CSXT as a reporting mark, since company initials that end in X could only be used by non-railroad railcar owners