Hundreds of railroad workers could be losing their jobs in the coming weeks across West Virginia, Ohio and Kentucky amidst ...
The shareholders and executives are awash in record profits while workers prepare for a cold winter of layoffs.
Freight railroads own infrastructure that cannot be replicated, but their dividends depend on variables most income investors ...
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 ...
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 ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. OMAHA, Neb. (AP) — The prospects for ...
CSX may be at a crossroads in the wake of the merger announcement of two of its Class I railroad rivals. “[CSX] has to make a decision of whether it wants to find a merger partner or whether it’s ...
FILE - A CSX train engine sits idle on tracks in Philadelphia, Sept. 14, 2022. (AP Photo/Matt Rourke, File) (Matt Rourke, Copyright 2022 The Associated Press. All ...