Topic - csx

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 transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs.

CEO of CSX railroad replaced after investor pressure, poor performance as Union Pacific merger looms →

CSX announced the first deals on Wednesday - months before the current contract expires and before the start of the traditional national bargaining process that typically drags on for years - then announced seven more contracts Friday.

Back-to-work order issued for 2 major Canada railroads. Union will comply, but lawsuit planned →