CSX Transportation - History

History

See also: List of CSX Transportation predecessor railroads

CSX Transportation was formed on July 1, 1986, as a combining and renaming of the Chessie System and Seaboard System Railroad into one entity. The originator of the Seaboard System was the former Seaboard Air Line Railroad, which previously merged Atlantic Coast 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 1986 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–NS application and set August 22, 1998, as the effective date of its decision. CSX acquired 42% of Conrail's assets, and NS received the remaining 58%. As a result of the transaction, CSX's rail operations grew to include some 3,800 miles of the Conrail system (predominantly lines that had belonged to the former New York Central Railroad). CSX began operating its trains on its portion of the Conrail network on June 1, 1999. CSX now serves much of the eastern U.S., 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 because it was 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, which actually has no meaning. But the X could be used as a short term for the word "Express" taking off the "E" giving out "Xpress", putting the X in use. " The T had to be added to CSX when used as a reporting mark because reporting marks that end in X means that the car is owned by a leasing company or private car owner. Its current slogan, "How Tomorrow Moves", appeared in 2008.