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 ...
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CSX profit drops 27% as railroad shipments decline amid construction projects and flooding

OMAHA, Neb. (AP) — CSX railroad’s profit fell 27% in the first quarter as two major construction projects forced them to reroute some trains and constrained its response to flooding and other weather ...