News

FreightWaves1d
Report: CSX talks with investment bank about merger options
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarter
CSX railroad's CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the ...
CSX Is Said to Work With Goldman Sachs to Explore Options
CSX Corp. is working with Goldman Sachs Group Inc., people familiar with the matter said, as the company explores options to ...
Trains1d
UP-NS merger puts intermodal giants on the wrong side of the map
The proposed Union Pacific-Norfolk Southern merger leaves three major intermodal customers — J.B. Hunt, Schneider, and STG ...
Ancora Urges CSX to Seek a Merger ‘Sooner Rather Than Later’
Ancora Holdings Group will push CSX Corp. to pursue a merger if the railroad operator doesn’t take its own steps toward a deal soon, with the activist saying first-mover advantage is key to ...
Jacksonville Daily Record9d
With CSX in merger spotlight, CEO says company focused on operations
Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.
Trains on MSN2d
Activist investor may target CSX, citing slumping financial performance
Ancora Holdings, the activist investor that waged a proxy battle for control of a beleaguered Norfolk Southern in 2024, now ...
CSX working with Goldman Sachs to explore strategic options, Bloomberg News reports
Railroad operator CSX is working with Goldman Sachs to explore strategic options following a merger between its two major ...
Jacksonville Daily Record11d
Analysts speculate BNSF may seek merger with Jacksonville-based CSX
BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...
Railway Age21h
Should BNSF and CSX Focus on the Watershed Now?
During Union Pacific and Norfolk Southern’s July 29 presentation announcing the proposed combination, the piece we found most ...
Sourcing Journal on MSN19h
CSX on the Hot Seat from Activist Ancora Following UP-NSC Takeover
One such option may be a potential merger. In a Wednesday interview with CNBC, Ancora Alternatives president James Chadwick said that the hedge fund has been a "growing shareholder" in CSX, ...