JACKSONVILLE, Fla. – February 7, 2011 – CSX Transportation, Inc. (CSXT) significantly increased its spending on products and services with minority providers in 2010, setting a new record.

The company spent nearly $105 million with firms owned by minorities and women. The products and services range from signals to technology.

“Encouraging business with minority and women-owned suppliers diversifies and strengthens our supplier base, and creates good jobs for our economy,” said Fran Chinnici, vice president-purchasing. “Good business fundamentals include diversity in all aspects of what we do. We recognize the value of expanding our base of qualified suppliers in a competitive marketplace.”

Despite some consolidation among minority suppliers of specialized rail products, CSXT increased its spending with minority suppliers under the Minority Supplier Purchasing Program. That increase was the result of continually updating its supplier database and reaching out to minority firms to encourage participation in competitive bidding.

CSXT is working with many of its major suppliers to encourage their use of sub-contracted firms owned by minorities and women. The company has streamlined its minority supplier application process on a portal reached by clicking www.csx.com, About CSX, Suppliers.

CSX Transportation Inc. is a principal operating company of CSX Corporation. CSX Corporation, based in Jacksonville, Fla., is one of the leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company’s transportation network spans 21,000 miles with service to 23 eastern states and the District of Columbia, and connects to more than 70 ocean, river and lake ports. More information about CSX Corporation and its subsidiaries is available at the company’s web site, www.csx.com.

Contact:
Gary Sease
1-877-835-5279