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 railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a deal
OMAHA, Neb. (AP) — 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 ...
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 ...
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CSX profit drops 27% as railroad shipments decline amid construction projects and flooding
OMAHA, Neb. (AP) — CSX railroad's profit fell 27% in the first quarter as two major construction projects forced them to reroute some trains and constrained its response to flooding and other weather ...
CSX said today that its fourth quarter profits were weighed down by ongoing freight doldrums that the railroad doesn’t expect to turn around anytime soon. “Our quarterly results reflect the subdued ...
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