CSX Corporation
Encyclopedia
CSX Corporation was formed in 1980 by the merger of Chessie System
Chessie System
Chessie System, Inc. was a holding company that owned the Chesapeake and Ohio Railway , the Baltimore and Ohio Railroad , the Western Maryland Railway , and several smaller carriers. It was incorporated in Virginia on February 26, 1973, and it acquired the C&O on June 15...

 and Seaboard Coast Line Industries
Seaboard Coast Line Industries
Seaboard Coast Line Industries, Inc., incorporated in Delaware on May 9, 1969, was a railroad holding company that owned the Seaboard Coast Line Railroad, its subsidiary Louisville and Nashville Railroad, and several smaller carriers. Its railroad subsidiaries were collectively known as the Family...

 and eventually merged the various railroads owned by those predecessors into a single line that became known as CSX Transportation
CSX Transportation
CSX Transportation operates a Class I railroad in the United States known as the CSX Railroad. It is the main subsidiary of the CSX Corporation. The company is headquartered in Jacksonville, Florida, and owns approximately 21,000 route miles...

. Based in Richmond, Virginia
Richmond, Virginia
Richmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...

, USA
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 after the merger, in 2003 headquarters moved to Jacksonville, Florida
Jacksonville, Florida
Jacksonville is the largest city in the U.S. state of Florida in terms of both population and land area, and the largest city by area in the contiguous United States. It is the county seat of Duval County, with which the city government consolidated in 1968...

. The chairman, president, and chief executive officer since 2003 is Michael J. Ward.

The founding chairman was Prime F. Osborn III of Seaboard and the first CEO and second chairman was Hays T. Watkins Jr. of Chessie. Watkins was succeeded by John W. Snow
John W. Snow
| image=John W. Snow.jpg|imagesize = 250px| order=73rd| title=United States Secretary of the Treasury| term_start=February 3, 2003| term_end=June 28, 2006| predecessor=Paul O'Neill| successor=Henry Paulson| birth_date=| birth_place=Toledo, Ohio...

 as CEO in 1989 and as chairman in 1991. When Snow left the company in 2003 to become United States Secretary of the Treasury
United States Secretary of the Treasury
The Secretary of the Treasury of the United States is the head of the United States Department of the Treasury, which is concerned with financial and monetary matters, and, until 2003, also with some issues of national security and defense. This position in the Federal Government of the United...

, Ward, who then headed CSX Transportation, was promoted to succeed him.

Subsidiary Companies

  • CSX Transportation, Inc.
  • CSX Intermodal Terminals, Inc.
  • CSX Real Property, Inc.
  • CSX Technology, Inc.
    • Chessie Computer Service, Inc
    • Cybernetics & Services, Inc.
  • Total Distribution Services, Inc.
  • TRANSFLO Corporation
  • Fruit Growers Express Co.
    Fruit Growers Express
    Fruit Growers Express was a railroad refrigerator car leasing company that began as a produce-hauling subsidiary of Armour and Company's private refrigerator car line. Its customers complained they were overcharged. In 1919 the Federal Trade Commission ordered the company's sale for anti-trust...

  • CSX de Mexico
  • Consolidated Rail Corporation (CONRAIL)
    Consolidated Rail Corporation
    The Consolidated Rail Corporation, commonly known as Conrail , was the primary Class I railroad in the Northeast U.S. between 1976 and 1999. The federal government created it to take over the potentially profitable lines of bankrupt carriers, including the Penn Central Transportation Company and...

     (Shares ownership with Norfolk Southern)
  • Winston-Salem Southbound Railway
    Winston-Salem Southbound Railway
    The Winston-Salem Southbound Railway is a short-line railroad jointly owned by CSX Transportation and the Norfolk Southern Railway , which provide it with equipment...

     (Shares ownership with Norfolk Southern)

Divestitures and Discontinued Operations

  • CSX Hotels, Inc.
    • Greenbrier Hotel Corporation
      The Greenbrier
      The Greenbrier is a Forbes four-star and AAA Five Diamond Award winning luxury resort located just outside the town of White Sulphur Springs in Greenbrier County, West Virginia, United States....

       sold to Justice Family Group in 2009
  • Sea-Land Corporation split into two shipping lines and a terminal operator:
    • CSX Lines, LLC (Domestic liner, sold and renamed Horizon Lines, Inc.)
    • Sea-Land Corporation (International liner, sold to the A. P. Moller-Maersk Group in 1999)
    • CSX World Terminals, LLC (International Terminals business)
  • SL Services, Inc. (“SLSI”) sold to Dubai Ports International FZE (“DPI”) in 2005
  • Orange Blossom Investment Company, Ltd sold to Dubai Ports International FZE (“DPI”) in 2005
  • CSA Acquisition Corp.
  • Texas Gas Transmission Corporation bought in 1983, sold in 1988 to Transco
  • Energy& utlities
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