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 ...
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 ...
FILE - A CSX freight pulls through Ohiopyle, Pa., on Tuesday, Aug. 19, 2025. Investors looked past a 22% drop in CSX’s third quarter earnings Thursday and focused on the direction the railroad’s new ...
(Reuters) -Activist investor Ancora Holdings, in a letter to CSX board disclosed on Monday, urged the railroad to pursue near-term merger options or replace CEO Joe Hinrichs. The activist investor ...
AI-generated summary reviewed by our newsroom. Read our AI Policy. Selma police report a pedestrian died after a CSX train struck them at 5:15 a.m. This is the second fatal train accident in Johnston ...
Hinrichs was named CEO of CSX in September 2022. Hinrichs began his automotive career at GM and moved to Ford 11 years later, where he held a series of leadership roles, including overseeing ...
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 ...
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a shareholder of CSX Corp. (NASDAQ: CSX) (“CSX ...
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