CSX Corp. is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger. The ...
The activist investor that called for CSX to dump Chief Executive Joe Hinrichs got its way Monday, and said the company is now positioned to find its own rail merger partner. “We applaud the CSX Board ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
Shares of freight rail services provider CSX (NASDAQ:CSX) jumped 4.7% in the afternoon session after the company announced a leadership change, naming Steve Angel as its new President and CEO to ...
JACKSONVILLE, Fla. – CSX Corp. said Sept. 29 that President and CEO Joe Hinrichs has left the company, with former Linde CEO Steve Angel appointed as his replacement. Hinrichs, a former executive with ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
A coal train derailment north of Enfield, North Carolina, has been cleared, and Amtrak trains between the Northeast and Florida are getting back on schedule. CSX says 28 cars loaded with coal left the ...
JACKSONVILLE, Fla. – CSX made some employment changes on Thursday and about 125 managers were laid off to support a company-wide realignment, a spokesperson said. The Jacksonville-based company ...
CSX’s (NASDAQ:CSX) intermodal agreement with Burlington-Northern-Santa Fe (BNSF) is expected to drive demand to CSX’s network that would have interchanged with Norfolk Southern (NSC), putting the ...