ABC27

CSX railroad profit slips 2% as shipping demand remained weak and severance costs hurt results

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 ...
abc27

CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific ...

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 ...
ABC 7 Chicago

CSX freight train derails, ends up across roadway

NEW WINDSOR, New York -- A freight train derailed in New Windsor Tuesday afternoon, with the locomotive ending up across a roadway. The CSX train, traveling from Selkirk, New York, to Waycross, ...
WRIC

CSX profit falls 22% but investors focus on the direction the new CEO will take the railroad

Investors looked past a 22% drop in CSX’s third quarter earnings Thursday and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...