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 ...
FILE - A CSX train engine sits idle on tracks in Philadelphia, Sept. 14, 2022. (AP Photo/Matt Rourke, File) (Matt Rourke, Copyright 2022 The Associated Press. All ...
NEW KENT COUNTY, Va. — Amtrak service to parts of Virginia has been canceled after a CSX freight train carrying coal derailed in rural New Kent County on Saturday afternoon, according to officials.
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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