Recognized for Exemplary Risk Management Efforts in the Rail Industry

WASHINGTON, D.C. – Sept. 23, 2010 – The Association of American Railroads (AAR) has announced CSX Corporation Director of Insurance Walter D. Tyler has been awarded the 2010 David W. Fries Award for exemplary risk management efforts and practices in the railroad industry. The award was presented at the Railroad Insurance Management Association’s (RIMA) annual meeting in Jackson Hole, Wyo.

“I am pleased to present this award to Walt Tyler in recognition of his significant contributions to the railroad industry,” said RIMA President Bill Evans. “Throughout his long career, Walt has consistently applied innovation and superior effort to every aspect of his work. He stands as an example of hard work and dedication to all of us in the insurance and risk management community.”

Based in Jacksonville, Fla., Tyler is director of insurance for CSX and its subsidiaries. A veteran of the railroad industry, he began his 32-year railroad career with Richmond, Fredericksburg and Potomac Railroad before joining CSX in 1992. Tyler currently serves as president of CSX Insurance Company located in South Carolina and has been designated an Associate in Risk Management (ARM) and Chartered Property Casualty Underwriter (CPCU).

The David W. Fries Award is sponsored by the Railroad Insurance Management Association (RIMA), an association of railroad risk managers that is overseen by a board of elected officers from the railroad community and administered by the AAR. The award was established in honor of the late David W. Fries who served as director – risk management for the Norfolk Southern Railway and is a past-president and officer of RIMA. His dedication to the field of risk management and risk issues in the rail industry serves as the foundation for establishing this award.

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For More Information Contact: Holly Arthur, harthur@aar.org, 202-639-2100

About AAR: The Association of American Railroads (AAR) is the world's leading railroad policy, research and technology organization. AAR members include the major freight railroads, or Class I railroads, of the U.S., Canada and Mexico, as well as Amtrak. For more information, visit www.aar.org. Follow us on Twitter: AAR_FreightRail or facebook: www.facebook.com/freightrail.