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CSXT
CSX Transportation , known colloquially as simply CSX, is a Class I freight railroad operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles () of track. The company operates as the leading subsidiary of CSX Corporation, a Fortune 500 company headquartered in Jacksonville, Florida. CSX Corporation (the parent of CSX Transportation) was formed in 1980 from the merger of Chessie System and Seaboard Coast Line Industries, two holding companies which controlled a number of railroads operating in the Eastern United States. Initially only a holding company itself, the subsidiaries that made up CSX Corporation were gradually merged, with this process completed in 1987. CSX Transportation formally came into existence in 1986, as the successor of Seaboard System Railroad. In 1999, CSX Transportation acquired approximately half of Conrail, in a joint purchase with competitor Norfolk Southern Railway ...
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Chesapeake And Ohio Railway
The Chesapeake and Ohio Railway was a Class I railroad formed in 1869 in Virginia from several smaller Virginia railroads begun in the 19th century. Led by industrialist Collis P. Huntington, it reached from Virginia's capital city of Richmond to the Ohio River by 1873, where the railroad town (and later city) of Huntington, West Virginia, was named for him. Tapping the coal reserves of West Virginia, the C&O's Peninsula Extension to new coal piers on the harbor of Hampton Roads resulted in the creation of the new City of Newport News. Coal revenues also led the forging of a rail link to the Midwest, eventually reaching Columbus, Cincinnati and Toledo in Ohio and Chicago, Illinois. By the early 1960s the C&O was headquartered in Cleveland, Ohio. In 1972, under the leadership of Cyrus Eaton, it became part of the Chessie System, along with the Baltimore and Ohio and Western Maryland Railway. The Chessie System was later combined with the Seaboard Coast Line and Louisvill ...
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GE AC6000CW
The AC6000CW is a diesel electric locomotive built between 1995 and 2001 by GE Transportation. It is among the world's most powerful single-engined diesel locomotives. The locomotive was designed for extremely high horsepower needs, such as pulling heavy coal and ore trains. Most examples were purchased by two railroads: Union Pacific and CSX. Design and production The AC6000CW was designed at the height of a horsepower race between the two major locomotive manufacturers, Electro-Motive Division of La Grange, Illinois with the SD90MAC, and GE Transportation of Erie, Pennsylvania with the AC6000CW, in the early to mid 1990s. The goal was . GE worked with Deutz-MWM of Germany in 1994 to design and construct the 7HDL engine for the locomotives. The first locomotive with a 7HDL was the "Green Machine" GE 6000, nicknamed for its green paint scheme. The first production models were also built in 1995: CSX Transportation 600-602, and Union Pacific Railroad 7000-7009. All these locomo ...
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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 Lines System. Its headquarters were in Jacksonville, Florida, in the United States. Through 1979, the Family Lines network totaled in 13 states. The company succeeded SCL Industries, Inc., incorporated August 1, 1968, in Virginia and renamed Seaboard Coast Line Industries, Inc. on February 5, 1969. On November 1, 1980, Seaboard Coast Line Industries merged with Chessie System, Inc. to form CSX Corporation (Chessie-Seaboard Multiplied), and in 1983 the Family Lines units were combined as the Seaboard System Railroad The Seaboard System Railroad, Inc. was a US Class I railroad that operated from 1982 to 1986. Since the late 1960s, Seaboard Coast Line Industries had operated the Se ...
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Richmond, Fredericksburg And Potomac Railroad
The Richmond, Fredericksburg, and Potomac Railroad was a railroad connecting Richmond, Virginia, to Washington, D.C. The track is now the RF&P Subdivision of the CSX Transportation system; the original corporation is no longer a railroad company. The RF&P was a bridge line, with a slogan of "Linking North & South," on a system that stretched about 113 miles. Until around 1965, RF&P originated less than 5% of its freight tonnage, probably less than any other Class I railroad. For much of its existence, the RF&P connected with the Chesapeake and Ohio Railway, the Atlantic Coast Line Railroad and Seaboard Air Line Railroad at Richmond. At Alexandria and through trackage rights to Union Station in Washington, D.C., connections were made with the Pennsylvania Railroad, Baltimore and Ohio Railroad and the Southern Railway. It connected to the Washington and Old Dominion Railroad at Potomac Yard and interchanged with the Chesapeake and Ohio Railway at Doswell. It and the former Conr ...
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Pan Am Railways
Pan Am Railways, Inc. (PAR) is a subsidiary of CSX Corporation that operates Class II regional railroads covering northern New England from Mattawamkeag, Maine, to Rotterdam Junction, New York. Pan Am Railways is primarily made up of former Class II regional railroads such as Boston and Maine Corporation, Maine Central Railroad Company, Portland Terminal Company, and Springfield Terminal Railway Company. It was formerly known as Guilford Transportation Industries and was also known as Guilford Rail System. Guilford bought the name, colors, and logo of Pan American World Airways in 1998. The company is a subsidiary of CSX Corporation under rail subsidiary CSX Transportation since June 1, 2022, Pan Am Railways former parent company was Portsmouth, New Hampshire-based Pan Am Systems. It was headquartered in Iron Horse Park in North Billerica, Massachusetts. Pan Am Railways parent Pan Am Systems was put up for sale in July 2020. On November 30, 2020, CSX Corporation announced that ...
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Chessie System
Chessie System, Inc. was a holding company that owned the Chesapeake and Ohio Railway (C&O), the Baltimore and Ohio Railroad (B&O), the Western Maryland Railway (WM), and Baltimore and Ohio Chicago Terminal Railroad (B&OCT). Trains operated under the Chessie name from 1973 to 1987. Headquartered in Cleveland, Ohio, the Chessie System was the creation of Cyrus S. Eaton and his protégé Hays T. Watkins, then president and chief executive officer of the C&O. A chief source of revenue for the Chessie System was coal mined in West Virginia. Another was the transport of auto parts and finished motor vehicles. The name "Chessie System" had been a popular nickname for the C&O since the 1930s, cemented with an advertising campaign that featured a sleeping kitten named Chessie. The 1970s holding company developed the "Ches-C" emblem: a kitten outline imposed on a circle, creating a rough letter C. This emblem was emblazoned on the front of all Chessie System locomotives, and also ser ...
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Norfolk Southern Railway
The Norfolk Southern Railway is a Class I freight railroad in the United States formed in 1982 with the merger of Norfolk and Western Railway and Southern Railway. With headquarters in Atlanta, the company operates 19,420 route miles (31,250 km) in 22 eastern states, the District of Columbia, and has rights in Canada over the Albany to Montréal route of the Canadian Pacific Railway. NS is responsible for maintaining , with the remainder being operated under trackage rights from other parties responsible for maintenance. Intermodal containers and trailers are the most common commodity type carried by NS, which have grown as coal business has declined throughout the 21st century; coal was formerly the largest source of traffic. The railway offers the largest intermodal rail network in eastern North America. NS was also the pioneer of Roadrailer service. Norfolk Southern and its chief competitor, CSX Transportation, have a duopoly on the transcontinental freight rail li ...
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Duopoly
A duopoly (from Greek δύο, ''duo'' "two" and πωλεῖν, ''polein'' "to sell") is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer can not affect the firm. The defining characteristic of both duopolies and oligopolies is that decisions made by sellers are dependent on each other. Duopoly models in economics and game theory There are two principal duopoly models, Cournot duopoly and Bertrand duopoly: * The Cournot model, which shows that two firms assume each other's output and treat this as a fixed amount, and produce in their own firm according to this. * Cournot Model in Game Theory In 1838, Antoine A. Cournot published a book titled "Researches Into the Mathematical Principles of the Theory of Wealth" in which he introduced and developed this model for the first ...
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South Atlantic States
The South Atlantic United States form one of the nine Census Bureau Divisions within the United States that are recognized by the United States Census Bureau. This region, U.S. Census Bureau Region 3, Division 5, corresponds to the South (states/areas that were geographically part of the Thirteen Colonies) with the addition of Florida. Terminology The name of the census division does not refer to the South Atlantic Ocean, but rather to its location along the Atlantic Coast of the United States. Farther north are the Census-defined Middle Atlantic and New England (or North Atlantic) States. Geography This division includes eight states and one district; Delaware, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia and the District of Columbia. This division is also a recognized geographical division used by the United States Geological Survey. All entities within the region apart from the District of Columbia and West Virginia border the North Atl ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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CSX Corporation
CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger. The various railroads of the former Chessie System and Seaboard Coast Line Industries that are now owned by CSX Corporation were eventually merged into a single line in 1986 and it became known as CSX Transportation. CSX Corporation currently has a number of subsidiaries beyond CSX Transportation. Previously based in Richmond, Virginia after the merger, the corporation moved its headquarters to Jacksonville, Florida, in 2003. CSX is a Fortune 500 company. Subsidiaries and divisions CSX Transportation CSX Transportation is a Class I railroad operating in the eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles (34,000 km) of track. As of December 30, 2016, CSX ...
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