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CSX history
CSX company history timeline
In 1978 Chessie proposed to the ICC a possible merger with the slightly larger southeastern railroad system, Seaboard Coast Line Industries Inc.
CSX Corporation was formed on November 1, 1980, by combining the railroads of the former Chessie System with Seaboard Coast Line Industries.
The latter was originally created in 1980 as a holding company for several subsidiaries.
Dorin, Patrick C., The Chesapeake and Ohio Railway, George Washington’s Railroad, Seattle: Superior Publishing Co., 1981.
Watkins was clearly the dominant figure, becoming chairman in 1982 on Osborn's retirement.
In 1982 all three merged to form the Seaboard System.
According to Trains Magazine, the Western Maryland was the first to disappear, merged into the B&O on May 1, 1983.
1983 CSX Corp. diversifies, spending $1 billion to acquire Texas Gas Resources Corporation, one of the country's largest natural gas pipeline companies.
However, in July 1984 United States authorities granted permission to CSX to maintain and operate American Commercial Lines, reversing longstanding regulations that prevented railroads from owning steamship or barge lines.
It was dubbed the "Stealth" livery by railfans; according to the "Bull Sheet" the first locomotives to wear it were B30-7's #5508 and #5511, which rolled out of the shops in Waycross, Georgia on May 6, 1986.
In June 1986 all but 10 employees were transferred from the Chessie System's headquarters in the Terminal Tower to either Jacksonville or Baltimore, but CSX retained 2 floors to service its Cleveland clients.
Also in 1986, CSX purchased a 30 percent interest (increased to a majority stake two years later) in Yukon Pacific Corporation, which aimed to construct the Trans-Alaska Gas System to transport natural gas via pipeline from Alaska's North Slope to Valdez.
However, sure enough, by 1986 it began appearing and the initial design featured a simple grey-dip scheme with blue trim and lettering.
1986 Sea-Land Corporation, the largest United States-based ocean containership line, is acquired for $800 million.
The B&O and C&O survived as "paper" companies for nearly a year into the CSXT era: B&O vanished into the C&O on April 30, 1987 (ironically it had just celebrated its 160th birthday on April 24th).
In 1987 CSX further extended its array of transportation services by forming CSX/Sea-Land Intermodal (later known as CSX Intermodal Inc.), the nation's only transcontinental full-service intermodal company.
In the midst of CSX's seeking of regulatory approval of the Conrail takeover, a jury in New Orleans awarded damages of $3.37 billion, including $2.5 billion in punitive damages, against CSX in relation to a 1987 chemical-car fire.
CSX created its CSX Intermodal, Inc. subsidiary, the first full-service intermodal company to serve more than one continent, in 1987.
By 1988, however, CSX was forced to sell off many of its recent acquisitions in a corporate restructuring program developed in response to complaints about company performance.
In 1989 John W. Snow replaced Watkins as president and CEO, and he immediately began divesting subsidiaries in an effort to refocus the company on its core operations.
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Company Name  | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Genesee & Wyoming | 1899 | $2.3B | 7,300 | 113 |
| Kansas City Southern | 1887 | $3.4B | 6,655 | - |
| XPO Logistics | 1989 | $7.7B | 44,000 | 3 |
| UPS | 1907 | $100.3B | 481,000 | 1,002 |
| Celadon Group | 1985 | $1.1B | 5,975 | 11 |
| Yellow | 1924 | $5.2B | 19,000 | 8 |
| Ryder System | 1933 | $12.0B | 39,900 | 8,702 |
| Old Dominion Freight Line | 1934 | $6.3B | 19,779 | 1,721 |
| GATX | 1898 | $1.3B | 1,904 | 26 |
| Union Pacific | 1862 | $24.9B | 30,960 | 3 |
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Zippia gives an in-depth look into the details of CSX, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CSX. The employee data is based on information from people who have self-reported their past or current employments at CSX. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CSX. The data presented on this page does not represent the view of CSX and its employees or that of Zippia.
CSX may also be known as or be related to CSX, CSX Corporation and Csx.