CSX CORP
CSX said five empty railcars derailed around 8:30 p.m. Aug. 14 near Franklin Street in downtown Worcester, Massachusetts, according to Turn to 10. Railside Live’s streaming camera recorded the incident. No injuries were reported, and crews used cranes for mechanical cleanup. Cause remains under investigation and reopening timing was not given.
A jury in Waverly, Tennessee, found CSX not at fault for its role in the 2019 Waverly Flood that killed 22 people, after a five-day trial. CSX said it is breaking its silence and that its thoughts remain with the families affected, according to WZTV.
A Tennessee federal jury found CSX not liable in a lawsuit by families of victims of the Aug. 21, 2021 Waverly flood. Plaintiffs alleged CSX’s raised embankment near Trace Creek contributed to a washout that released about 229 million gallons. CSX said the flooding’s extreme rainfall, 20.73 inches, was the cause. CSX said it acted responsibly.
Over the past 7 days, alphai's AI scored 12 news stories mentioning CSX (CSX CORP). Coverage has skewed bearish: 0 bullish, 11 neutral, and 1 bearish.
Recent CSX coverage spans financial news, regulation and market movers.
In the last 30 days, CSX insiders filed 2 SEC Form 4 transactions — no purchases and 2 sales ($2.3M). The most active reporter was Burns Michael S., SVP - CLO & Corp Secy, with 1 filing.
Near-term risk is operational disruption and potential scrutiny of safety practices, but the cars were empty and no injuries were reported.
Jury verdict reduces CSX’s near-term legal exposure tied to the Waverly Flood claims, though appeals or related suits could persist.
Verdict reduces CSX’s legal liability risk from the Waverly flood claims, potentially lowering tail-risk for related damages and litigation costs.
The verdict reduces CSX’s near-term legal liability risk from the Waverly flood claims, though appeals and related litigation risk may persist.
The verdict reduces CSX’s near-term legal liability risk from this specific wrongful-death theory, though it does not eliminate broader exposure to other claims or appeals.
alphai scores every news story that mentions CSX with an AI model for sentiment and relevance, and aggregates insider trades from CSX CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
CSX said five empty railcars derailed around 8:30 p.m. Aug. 14 near Franklin Street in downtown Worcester, Massachusetts, according to Turn to 10. Railside Live’s streaming camera recorded the incident. No injuries were reported, and crews used cranes for mechanical cleanup. Cause remains under investigation and reopening timing was not given.
2 min readA jury in Waverly, Tennessee, found CSX not at fault for its role in the 2019 Waverly Flood that killed 22 people, after a five-day trial. CSX said it is breaking its silence and that its thoughts remain with the families affected, according to WZTV.
1 min readA Tennessee federal jury found CSX not liable in a lawsuit by families of victims of the Aug. 21, 2021 Waverly flood. Plaintiffs alleged CSX’s raised embankment near Trace Creek contributed to a washout that released about 229 million gallons. CSX said the flooding’s extreme rainfall, 20.73 inches, was the cause. CSX said it acted responsibly.
2 min readA federal jury in Nashville ruled that CSX Railroad was not responsible for the 2021 Waverly flood that killed 20 people, according to the report. The families sought $450 million, alleging CSX failed to clear debris and failed to warn. After a five-day trial, the jury found CSX did not fail to warn or interfere with drainage.
3 min readA federal jury unanimously ruled CSX Transportation was not liable for the Aug. 21, 2021 Waverly, Tennessee flood, which killed 20 people. The 2022 lawsuit by 10 families alleged debris blocked culverts under a CSX bridge, causing water to back up and break through. CSX said it acted responsibly and in compliance with standards.
3 min readA federal appeals court ruled in favor of Zayo Group in a dispute with CSX Transportation over whether CSX can block and charge for fiber optic cable beneath its Indiana rail corridor. The Seventh Circuit held CSX’s easements do not include excluding third parties below ground or above tracks absent disruption. CSX’s standing dismissal was partially reversed, but the outcome stayed.
6 min readA jury found CSX Transportation not at fault for the 2021 Waverly, Tennessee flood, according to CSX officials. Ten families had sued CSX Properties and nearby landowners, alleging levee inspection and cleaning failures caused a dam. The suit sought $450 million after 20 deaths. A civil judgment can be filed Aug. 13.
3 min readCSX Transportation Inc. agreed to settle an employment lawsuit filed by three workers who alleged they were suspended or fired after being accused of misusing medical leave to take holiday time, according to the report. The settlement resolves the FMLA retaliation claims tied to the workers’ leave use.
1 min readThe NTSB said it is investigating an injury to a CSX conductor that occurred Aug. 6 in Fairburn, Georgia, at a Coca-Cola facility. CSX said the NTSB is on scene and CSX personnel are supporting and cooperating with regulators. Limited comments are expected while the investigation is ongoing.
1 min readA federal appeals court affirmed a lower ruling that CSX Transportation cannot block Zayo Group from installing fiber optic cables beneath CSX railroad tracks, according to a 7th Circuit Aug. 7 opinion. The court said Indiana railroad easement law covers the corridor surface, not air or ground below, and found no “continuing trespass.” CSX’s claims were also limited by statute of limitations.
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