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 ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I railroad and its CEO. In a move that mirrored its successful intervention with ...
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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 ...
Warren Buffett’s railroad, BNSF, might not be interested in creating a transcontinental railroad to compete with Union Pacific and Norfolk Southern, which announced merger plans in July. CSX investors ...
CSX Corp. today announced that its Board of Directors has named Steve Angel as president and chief executive, effective Sept. 28. Angel, former CEO of gas and engineering giant Linde who had served as ...
Police and CSX officials say a train has derailed in the southwest Virginia town of Haysi. CSX spokesman Bob Sullivan tells the Bristol Herald Courier that the 64-car, two-locomotive train was headed ...
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 Corp. (Nasdaq: CSX) will not be selling its Florida Panhandle route to Boca Raton-based RailUSA. RailUSA, through subsidiary Florida Gulf & Atlantic Railroad, was expected to acquire 373 miles of ...