500 Job Source
500 Water Street, 15th Floor
Jacksonville, FL 32202
CEO: Michael Ward
Stock Symbol: CSX
CSX Corporation, based in Jacksonville, FL is a transportation company providing rail, intermodal and rail-to-truck transload services. The company's transportation network connects customers to ports, production and distribution centers and markets across the eastern United States.
CSX Transportation Inc.
A principal operating company of CSX Corp., CSX Transportation (CSX), provides a crucial link to the transportation supply chain through its approximately 21,000 route mile rail network, which serves every major population center in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces on Ontario and Quebec. It serves 70 ocean, river and lake ports along the Atlantic and Gulf Coasts, the Mississippi River, the Great Lakes and the St. Lawrence Seaway. CSX also serves thousands of production and distribution facilities through track connections to more than 240 short-line and regional railroads. The company operates an average of 1,200 trains a day and transports an average of 20,000 carloads per day.
CSX Intermodal (CSXI) is one of the nation's largest coast-to-coast intermodal transportation providers, linking customers to railroads via trucks and terminals. Containers and trailers are loaded and unloaded from trains, and trucks provide the link between intermodal terminals and the customer.
Other Business Units
CSX Technology provides a wide range of information technology applications and support services. Applications encompass day-to-day processing including freight scheduling, tracking, and monitoring, as well as more comprehensive functions such as data resource management, system architecture and network management. CSX Technology is headquartered in Jacksonville, FL.
CSX Real Property
CSX Real Property is responsible for sales, leasing and development of properties. It serves customers through sale of land for industrial development as well as rail corridor use for utilities, pipelines or telecommunication transmission lines. Headquarters are located in Jacksonville, FL.
TRANSFLO provides logistical solutions for transferring products from rail to trucks safely and efficiently. Its headquarters are based in Jacksonville.
Total Distribution Services Inc.
TDSI serves the automotive industry with distribution centers and storage locations located across the CSXT rail system, covering points east of the Mississippi River and bringing access to ports along the east coast and the Gulf of Mexico.
The company reported record revenues of $12.66 billion in 2014, a 5% increase, and net income of $1.9 billion.
Fuel costs for locomotives averaged $2.95 per gallon at the end of 2014, down from $3.17 in 2013.
"CSX is capturing broad-based market strength, completing strategic infrastructure projects and adding resources to further improve service performance and leverage growth opportunities," said Michael Ward, chairman, president and chief executive officer. "Building on a foundation of strong safety and customer service, we expect to continue growing our intermodal and merchandise businesses faster than the economy, pricing above inflation, and driving efficient asset utilization."
- Accidental death and dismemberment insurance available to employee
and dependents. Employee paid.
Travel Accident - Accidental death insurance while traveling
on company business, five times annual earnings ($1,000,000 maximum
benefit). Premium paid by CSX.
Bonus Program - Bonus opportunity is based on the band
of the position, the performance of the company and the performance
of the individual.
Dental Insurance - Benefit levels of 100%, 75% or 50%
depending on the procedure. Premium paid by CSX.
Disability: Salary Continuance - 100% of monthly salary up to
182 days depending on length of service.
Long-Term Disability - 60% of monthly salary from all
Employee Assistance - Confidential counseling program
for personal problems. Program of employees and their dependents.
Holidays - Determined by business unit.
Life Insurance (Basic Life Insurance) - Up to three times
annual earnings plus highest bonus depending on age. Premium
paid by CSX.
Optional Life Insurance - Additional group term life insurance
available to employees and dependents. Employee Paid.
Medical Insurance - Indemnity Medical Plan with choice
of benefit level. Exclusive Provider Organization (EPO), and
Preferred Provider Organization (PPO) available in most areas.
Most plans require a monthly employee contribution. May also
waive medical coverage and receive a monthly opt out credit.
Military Leave - Company provides pay differential and
leave of absence to National Guard and Reserve service members.
Pension - Fully funded by CSX. Five year vesting.
Railroad Retirement - For CSX Transportation and select
other positions only. Railroad Retirement (RRR) Taxes are required
in place of Social Security Taxes (FICA) by the government to
be paid by employees and employers. RRR Taxes are divided into
two categories: Tier I - which is equivalent to FICA, rate and
ceilings, and Tier II - which is an additional 4.4%. CSX contributes
an additional 12.6% toward the RRR fund compared to FICA. Upon
retirement you will receive an annuity from the RRR Board upon
vesting (5 years of creditable service). It is not associated
with the Company Pension Plan. If you leave Railroad service
prior to the vested period, your Tier I tax reverts to Social
Security upon retirement.
Reward & Recognition Program - Cash or non-cash awards
given by the Company to recognize exceptional effort by an employee
Service Award - Awards recognizing Company service on
certain anniversary dates.
Tax Savings Reimbursement Plan (TSRP) - Pre-tax contributions
to pay for eligible health care and dependent day care expenses.
CSX will match 50% of employee contribution up to $1,000 annual
Tax Savings Thrift Plan - 401(k) program-employee may
contribute up to fifty percent of base pay (subject to IRS limits).
CSX will match 50% of the first 6% of employee contribution.
Tuition Reimbursement - Reimbursement up to $3500 per
calendar year for eligible courses.
Vacation - One to five weeks depending on length of service
and employing business unit.
Updated January 23, 2015