[Stay on top of transportation news: Get TTNews in your inbox.] Activist investor Ancora Holdings Group is a “growing shareholder” in rail operator CSX Corp., at a time when the industry is bracing ...
CSX Corp. is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger. The ...
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 ...
JACKSONVILLE, Fla. - CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to ...
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 ...
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 ...
While CSX Corp's (NASDAQ: CSX) volume growth has been disappointing so far in the fourth quarter, CFO Kevin Boone has projected $40 million in additional costs, according to Bank of America Securities ...
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 ...
CSX's Q3 2025 revenue of $3.59 billion slightly missed expectations year-over-year but beat consensus, with adjusted EPS of $0.44 surpassing estimates despite a goodwill impairment. Excluding a ...