The incumbent railroad companies dominate North America, and, combined with regulatory hurdles, make it almost impossible for ...
CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
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 ...
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CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarter
CSX railroad's CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
CSX dealt with weather challenges and the closure of the Baltimore port as the railroad saw its first-quarter profit slip 10%, but it still managed to keep most of its customers happy with reliable ...
CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. The ...
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