CSX

CSX Corp., a Wall Street favorite because of its high earnings and low operating ratio, announced moves today that are likely to strengthen its appeal to investors. CSX announced that…
On St. Patrick’s Day, when many people are sporting the color green, CSX touted “green” by unveiling its first low-emission, fuel-efficient switcher locomotives deployed in Illinois.

CSX Corp. will delay its construction of a new intermodal container transfer facility in its headquarters city of Jacksonville, Fla., by six months to a year. The planned terminal, originally set to open in 2011, will handle sea/rail container traffic with TraPac Container Terminal and Hanjin Shipping Co. Ltd.

--> CSX Corp. will delay its construction of a new intermodal container transfer facility in its headquarters city of Jacksonville, Fla., by six months to a year. The planned terminal, originally set…

Hedge funds TCI (The Children’s Investment Fund) and 3GCapital Partners won four seats on the CSX Corp. board of directors in a proxy fight last year. Now, TCI managing partner Christopher Hohn has decided not to seek re-election to the board this year and CSX has decided not to fill the vacancy, according to a filing with the Securities and Exchange Commission onFeb. 12.

--> Hedge funds TCI (The Children’s Investment Fund) and 3GCapital Partners won four seats on the CSX Corp. board of directors in a proxy fight last year. Now, TCI managing partner…
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