Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Suffolk deal.
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CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
CSX railroad 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 transcontinental Union Pacific ra ...
CSX, one of two long-distance freight railroads that serve Western North Carolina, is once again moving trains through the mountains into Tennessee a year after Hurricane Helene damaged or destroyed ...
Activist investor Ancora Holdings on Monday welcomed news that railroad operator CSX has replaced its CEO and said it expected his successor would find a merger partner.
(Bloomberg) -- CSX Corp. named Steve Angel as its new chief executive officer following the abrupt departure of Joe Hinrichs, overhauling the railroad’s leadership as it faces pressure from an ...
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Why CSX (CSX) Stock Is Trading Up Today
What Happened? 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 ...
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