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Tierney to succeed Batory at Conrail
Conrail’s Board of Directors has named Timothy Tierney President and Chief Operating Officer, effective April 1. Tierney succeeds Ronald Batory, who is retiring after nearly 46 years in the railroad…
Coal leads weekly rail traffic gains
Coal led all gainers as rail traffic in the U.S. totaled 521,607 carloads and intermodal units for the week ending March 4, up 1.8 percent from the same week in…
Jason Seidl: Quick take on EHH at CSX
Now that E. Hunter Harrison has become CEO of CSX, “we expect additional layoffs in addition to the recently announced 1,000 members of management,” says Cowen and Company Managing Director…
Hunter Harrison assumes CSX's throttle
CSX has a new CEO. The Jacksonville, Fla.-based railroad on March 6 agreed to a deal with hedge fund Mantle Ridge LP to name E. Hunter Harrison as chief executive,…
Michael Ward, railroader and philanthropist
Now that Michael Ward has retired as CEO of CSX, he will remain in Jacksonville and continue the work that he loves as much as running a railroad—giving back to…
January boxes surge at Port of Savannah
Containerized trade through the Port of Savannah grew 16.2% to 331,468 TEUs in January, a record month for tonnage, and another sign of strengthening box growth in the new year…
CSX extends deadline for board nominations again
Amid a change at the top, announced layoffs and presumptive talks regarding new leadership, CSX Corp. has again extended its deadline for board nominations.
CSX CEO Ward retiring, 1,000 jobs to be eliminated
On Tuesday, Feb. 21, CSX Corp. announced that Chairman and Chief Executive Officer Michael Ward and President Clarence Gooden will retire, effective May 31.
Jason Seidl: CSX, EHH getting close?
Late on Feb. 14, CSX Corp. announced it plans to hold a special shareholder meeting on Feb. 16 after discussions for E. Hunter Harrison to take over the reins as…
CSX calls special shareholders meeting to consider Harrison proposals
CSX late on Feb. 14 called a special meeting of shareholders to consider what it termed “extraordinary requests” by hedge fund Mantle Ridge LP and former Canadian Pacific CEO Hunter…
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