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 ...
A coal train derailment north of Enfield, North Carolina, has been cleared, and Amtrak trains between the Northeast and Florida are getting back on schedule. CSX says 28 cars loaded with coal left the ...
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 ...
Shares of freight rail services provider CSX (NASDAQ:CSX) jumped 4.7% in the afternoon session after the company announced a leadership change, naming Steve Angel as its new President and CEO to ...
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 ...