CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
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 said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. The ...
The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when ...
FILE - A CSX train engine sits idle on tracks in Philadelphia, Sept. 14, 2022. CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance ...
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