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CSX-BNSF railroad pact lessens expectations of quick merger, analysts say
CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services, a move that strengthens their freight connectivity but that tempers market expectations of an imminent merger between the two rail giants.
Readers hoping to buy CSX Corporation ( NASDAQ:CSX ) for its dividend will need to make their move shortly, as ...
CSX and Burlington Northern Santa Fe announced a partnership on Friday, sending shares of CSX falling while the market roared ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
Activist investor Ancora Holdings, in a letter to CSX board disclosed on Monday, urged the railroad to pursue near-term ...
Amid merger speculation and ongoing freight doldrums, CSX will continue to focus on its own growth, service, and operations ...
Speculation about CSX's future has come into sharper focus in the wake of rival railroad Union Pacific's decision in July to ...
On Thursday, CSX Railroads representatives gave an update to the Unicoi County Chamber of Commerce about rebuilding efforts ...
CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that ...
Railroad operators CSX and BNSF Railway have partnered to offer new intermodal service products in the U.S. that will connect the east and west coasts. The arrangement creates new intermodal services ...
BNSF-CSX disclose new East-West routes Analysts see low apetite from BNSF to rush into a merger CSX shares drop 3.6% after announcement Shares of CSX closed 3.6% lower after the announcement, ...
The letter, which was initially private, was intended to be a “kick in the pants,” Chadwick added. CSX said in an emailed ...
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