CSX to expand workforce, acquire equipment to sustain growth

CSX has announced it will boost employment by around 4% this year, for a net gain of nearly 1,200 employees. The Class I railroad also said it will grow its network by 250 trains and 3,800 rail cars while installing a positive train control system by 2015. "We're not overly concerned about where the economy's heading," said CSX CEO Michael Ward. "We continue to see a gradual increase in shipments, and we feel good about that."

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