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Rail News: CSX Transportation
CSX again named to Dow Jones Sustainability Index
CSX Corp. has been named to the Dow Jones Sustainability Index for North America for the seventh consecutive year, the Class I announced yesterday.
The listing recognizes the company's sustainable and responsible business practices. CSX was the only U.S.-based railroad and one of three transportation companies included on the North American index this year, according to a press release.
"With increasing consumer demand, the need for freight rail as a safe, reliable and sustainable transportation solution is ever more pressing," said CSX President and Chief Executive Officer E. Hunter Harrison. "As the most fuel-efficient mode of freight transportation on land, rail will continue to enable significant emission reductions and help drive economic prosperity."
The Class I was recognized for its performance in corporate governance, supply chain management, corporate citizenship and philanthropy, as well in the environmental areas of policy, management systems, fuel efficiency and operational eco-efficiency.
"By building on the foundation of our precision scheduled railroading operating model, CSX is well-positioned for the future," said Harrison. "This transformational operating model delivers more reliable, more consistent freight rail service which promotes sustainability and creates lasting value for customers, shareholders, employees and communities in which CSX operates."
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