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CSX-BNSF Railroad Pact Lessens Expectations of Quick Merger, Analysts Say
(Reuters) -CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services to boost freight connectivity in the United States. Shares of CSX fell about 6% after the announcement, but are up about 5% so far this year. The new routes will link Southern California with Charlotte, North Carolina, and Jacksonville, Florida.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and ...
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The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
In recent developments, CSX (CSX) announced new intermodal services connecting various U.S. locations, highlighting its ...
On Thursday, CSX Railroads representatives gave an update to the Unicoi County Chamber of Commerce about rebuilding efforts ...
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 ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
CSX and BNSF are partnering to offer new intermodal services, including a key Phoenix-to-Atlanta route, to create a seamless, ...
CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that ...
Speculation about CSX's future has come into sharper focus in the wake of rival railroad Union Pacific's decision in July to ...
Yahoo Finance's John Hyland tracks Friday's top moving stocks and biggest market stories in this Market Minute: new ...
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