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CSX CSX Corporation

33.93
0.09 (0.27%)
After Hours
Last Updated: 21:06:29
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Share Name Share Symbol Market Type
CSX Corporation NASDAQ:CSX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 0.27% 33.93 33.71 33.90 34.00 33.73 33.82 10,160,579 21:06:29

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

16/04/2024 7:16pm

GlobeNewswire Inc.


CSX (NASDAQ:CSX)
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CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.

The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC. The transformation took place at the CSX locomotive shop in Huntington, W.Va.

"The successful debut of our first hydrogen-powered locomotive stands as a testament to the exceptional skill and dedication of our employees at the CSX Huntington locomotive shop," said CSX President and Chief Executive Officer Joe Hinrichs. "CSX’s commitment to sustainability in our operations is exemplified by the outstanding efforts of these employees, who, through their craftsmanship, are helping advance our collaboration with CPKC. We are proud to work with CPKC to scale this hydrogen technology and help pave the way for meaningful sustainable solutions for the future.”

Converting an existing unit into a next-generation locomotive further extends the useful life of the asset. The conversion team reused several components, including the frame, cab, traction motors, and trucks.

This groundbreaking locomotive makes its debut less than 12 months after the collaboration between CSX and CPKC was announced in the summer of 2023.

Hydrogen presents a promising alternative to fossil fuels, offering greater efficiency and zero emissions. Unlike traditional diesel engines, hydrogen-powered locomotives emit only water vapor, contributing to cleaner air and environment.

As the next step, CSX will deploy the new hydrogen-powered locomotive for field testing and further evaluate its performance and operational feasibility. This initiative marks a significant stride forward in CSX's ongoing commitment to innovation and sustainability.

To view a video about CSX’s hydrogen powered locomotive, click here. For more information about CSX and its sustainability initiatives, visit csx.com/esg.

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Contact:

Matthew Korn, CFA, Investor Relations

904-366-4515

Bryan Tucker, Corporate Communications

855-955-6397

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