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 ...
BNSF this November will launch an Oklahoma City-based intermodal facility. Also, CSX announces its 2025 Customer Environmental Excellence Award honorees and designates a new Select Site in New York; ...
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 ...
The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
JACKSONVILLE, Fla. - CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to ...
A partnership between CSX and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a merger or actually trying to avoid a full-on ...