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CSX Transportation
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 Rai ...
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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, CS ...
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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 ...
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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 th ...
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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 ...
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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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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 l ...
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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 S ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by total revenue for their respective fiscal years. The list includes publicly held company, publicly held companies, along with Privately held company, 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, ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, ExxonMobil, Jersey Standard, U.S. Steel, General Electric, JBS USA, Esmark, Chrysler, Armour and Company, Armour, Gulf Oil, Mobil, and DuPont (1 ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the largest province by area and the second-largest by population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York in the United States. Between 1534 and 1763, Quebec was called ''Canada'' and was the most developed colony in New France. Following the Seven Years' War, ...
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