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 ...
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 ...
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’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 ...
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.
Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. OMAHA, Neb. (AP) — CSX railroad’s profit ...
NEW KENT COUNTY, Va. — A CSX freight train derailed in Providence Forge, Virginia on Saturday afternoon, causing diesel fuel spillage and disrupting rail service in the area. The derailment happened ...