(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 ...
A partnership between CSX and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a merger or actually trying to avoid a full-on ...
The Union Pacific-Norfolk Southern merger talks have set the entire railroad industry in motion, forcing rivals BNSF and CSX into the spotlight. Activist investors and Wall Street expected a deal, but ...
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 ...
Union Pacific (UP) joins Ag Processing Inc. to celebrate the grand opening of its newest soybean processing and degumming facility in Nebraska. Also, Madisonville Industrial Park II is Kentucky’s ...
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 ...
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 ...