Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Instagram Outage Disrupts Thousands of U.S. Users 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
JACKSONVILLE, Fla., Feb. 12, 2016 -- As part of CSX’s (Nasdaq:CSX) ongoing commitment to driving network improvement and resource efficiency to match demand, the company is streamlining operations at 16 lower-volume mechanical facilities.
Operations will be reduced at car shops in Montgomery, Alabama; Washington, D.C.; Baldwin, Florida; Evansville and Indianapolis, Indiana; New Orleans, Louisiana; Detroit and Grand Rapids, Michigan; Wilmington, North Carolina; Kenmore, New York; Ashtabula, Ohio; Erie and Pittsburgh, Pennsylvania; Florence, South Carolina; Richmond, Virginia; and Huntington, West Virginia.
The streamlining is designed to better coordinate shop activities across the CSX network while maintaining inspection and maintenance performance levels. These changes will impact approximately 116 CSX mechanical employees, some of whom will be given opportunities to fill positions in other higher-demand areas of the network. CSX human resources personnel are working directly with affected employees to identify possible opportunities and assist in the transition.
Train operations through the affected areas will continue as normal, and CSX will continue to deliver the high level of safety and service that customers and communities expect.
About CSX
CSX, based in Jacksonville, Florida, is a premier transportation company. Through its subsidiaries, 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 190 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. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://www.facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).
Contact: Melanie Cost 904-359-1702
