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CSX NAMES PRESIDENT OF INTERMODAL COMPANY James Hertwig to lead revenue and volume growth at CSX Intermodal JACKSONVILLE, Fla., June 21, 2004 - Clarence W. Gooden, CSX Corporation (NYSE: CSX) executive vice president and chief commercial officer, today announced that James R. Hertwig has been named president of the company's intermodal unit, CSX Intermodal Inc (CSXI). Hertwig joins CSXI from Landstar Logistics Inc, a transportation services company that provides integrated logistics services, where he served as president. Hertwig will be responsible for leading all aspects of CSXI's operations and sales and marketing efforts. "The key to our intermodal success is the ability to provide seamless rail and truck services. Our customers will benefit from Jim's 30 years of experience in the trucking and logistics industries," said Gooden. "Jim is inheriting a dedicated group of professionals at CSXI and we are confident that together, they will improve our service product and increase volumes." CSXI is the nation's only transcontinental intermodal transportation service provider, offering transportation for domestic containers and trailers, premium parcel business and international steamship containers over a network of dedicated intermodal facilities. CSXI purchases approximately 450 dedicated trains which operate between its 45 terminals weekly. In 2003, CSXI accounted for approximately 16 percent of CSX Corporation's operating revenue and 18 percent of its operating income. In the first quarter of 2004, CSX Intermodal reported continued growth in volume and revenue. Domestic and International loads were up 4 percent quarter over quarter, while revenue was up 3 percent versus the same period in 2003. In 1998, Hertwig was appointed by Florida Governor Lawton Chiles to sit on the state's Intermodal Freight Task Force. He has served on the Board of Directors for the Florida Trucking Association (FTA) and the Intermodal Association of North America (IANA). Hertwig is also a member of the American Society of Transportation and Logistics (AST&L). He serves on the Council of Logistics Management (CLM), the Executive Committee of the Transportation Research Board (TRB), and was recently appointed as Chairman on the FIRE (Foundation for Intermodal Research and Education) Advisory Council. CSX Corporation, based in Jacksonville, Fla., owns the largest rail network in the eastern United States. CSX Transportation and its 34,000 employees provide rail transportation services over a 23,000 route-mile network in 23 states, the District of Columbia and two Canadian provinces. CSX Corporation also provides intermodal and global container terminal operations through other subsidiaries. CSX Corporation's internet address is: www.csx.com CSX Intermodal's internet address is: www.csxi.com Contact: Misty Skipper (904) 359-1787
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