SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 9, 1997
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CSX TRANSPORTATION, INC.
(Exact name of registrant as specified in its charter)
Virginia
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(State or other jurisdiction of
incorporation or organization)
1-3359 54-6000720
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(Commission (I.R.S. Employer
File No.) Identification No.)
500 Water Street, Jacksonville, FL 32202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(904) 359-3100
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ITEM 5. OTHER EVENTS
See the Press release issued by the Company on September 8, 1997 and
filed herewith as an Exhibit.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
The following exhibit is filed as a part of this report.
99.1 Press release issued by the Company on September 8, 1997.
Signature
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
CSX TRANSPORTATION, INC.
By: /s/ MICHAEL J. WARD
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Michael J. Ward
Executive Vice President - Finance
and Chief Financial Officer
Date: September 9, 1997
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EXHIBIT LIST
Exhibit Description
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99.1 Press release issued by the Company on September 8, 1997.
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Exhibit 99.1
Contact: Tom Hoppin, 804-782-1450
CSXT DISAPPOINTED WITH JURY AWARD;
PROMISES PROMPT APPEAL
FOR IMMEDIATE RELEASE:
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JACKSONVILLE, Fla., Sept. 8, 1997 - A.R. "Pete" Carpenter, president and
chief executive officer of CSX Transportation (CSXT), today issued the following
statement in response to a $2.5 billion punitive damages jury verdict announced
today against CSXT in a New Orleans State District Court as a result of a 1987
railroad car fire:
"CSX Transportation is very disappointed with this decision in New
Orleans today. It is clearly not consistent with the facts. CSXT handled the
leaking car in complete accordance with very stringent Federal safety standards.
The National Transportation Safety Board investigation into this accident
concluded the incident was not caused by CSXT.
"There are excellent grounds for appeal and we will promptly move
forward in that regard.
"All of us at CSXT work very hard every day in everything we do to make
this one of the safest railroads in America, and we are committed to maintaining
that leadership in our industry."
CSXT and its 29,000 employees provide rail transportation and
distribution services over an 18,500 route-mile network in 20 states, the
District of Columbia and Ontario, Canada. CSXT is a business unit of CSX Corp.,
headquartered in Richmond, Va.
CSXT's internet address is: www.csxt.com.
