LYNCHBURG, Va. – Rail safety has been a big topic of discussion with the recent train derailments in Ohio and one as recently as last week in West Virginia. Our region is no stranger to derailments, ...
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 railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
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 ...
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 ...
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 ...