May 19, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 4/23/2024

› As injuries increase at CSX, here's how the railroad is responding
After having one of its safest quarters ever at the end of 2023, CSX Corp. has had a rough start to the new year with a sharp uptick in injuries during the first quarter of 2024. The personal injury rate at CSX jumped 17% compared to the same period last year, a deterioration from the reduction in injuries the Jacksonville-based railroad saw at the end of last year.

› Land like 'gold' in western Palm Beach County sought by developers
Homebuilder PulteGroup has a knack for acquiring small patchwork properties in Palm Beach County with three such purchases in the past six months of land likened to “gold” by one real estate consultant. The most recent deal, a $22 million sale that closed April 5, folds 36.5 acres of former cow pasture near Wellington into the PulteGroup portfolio.

› Jabil CEO Kenny Wilson faces investigation, placed on leave
An internal investigation at Jabil, Tampa Bay’s largest publicly traded company, has lead to a shakeup of leadership there. Kenny Wilson, CEO of the global electronics manufacturing firm, was placed on paid leave on April 15 pending an investigation related to corporate policies, according to a recent U.S. Securities and Exchange Commission filing.

› Unemployment remains low across Southwest Florida, Collier leads in adding jobs
Southwest Florida's job count continues to grow. The region's three metros – made up of Collier, Lee and Charlote counties – added 8,300 nonagricultural jobs over the year in March, bringing their combined total to 544,200. The latest monthly report by the Florida Department of Commerce, released Friday, shows of the three counties, Collier gained the most jobs – at 4,000.

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