PAGE 1 Exhibit 23 CONSENT OF INDEPENDENT AUDITORS We consent to the incorporation by reference in the following Registration Statements of our report dated January 27, 1995, with respect to the consolidated financial statements of CSX Corporation and subsidiaries included in its Annual Report (Form 10-K) for the year ended December 30, 1994: Registration Statement Number Description - ---------------------- ------------------------- 33-2083 Post-Effective Amendment No. 1 to Form S-3 33-2084 Post-Effective Amendment No. 1 to Form S-3 33-16230 Form S-8 33-25537 Form S-8 33-29136 Form S-8 33-37449 Form S-8 33-41236 Form S-3 33-41498 Form S-8 33-41499 Form S-8 33-41735 Form S-8 33-41736 Form S-8 33-48841 Form S-3 33-49767 Form S-8 33-57029 Form S-8 /s/ ERNST & YOUNG LLP --------------------- Ernst & Young LLP Richmond, Virginia February 27, 1995 - 1 -