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 ...
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 ...
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 ...
OMAHA, Neb. — 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 ...
Investors looked past a 22% drop in CSX’s third-quarter earnings Oct. 16 and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Southern deal. By Peter Eavis CSX, a large freight railroad, said on ...
The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when ...
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 ...
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 ...