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Daily Headlines
Hedge funds propose CSX directors, starting proxy battle
(The following story by Michael J. de la Merced appeared on the New York Times website on December 19.) NEW YORK — An activist hedge fund that has feuded with the railroad operator CSX over its strategy proposed a slate of five alternate directors on Wednesday,...
CSX expresses confidence in current directors
(The following appeared at CNN.com on December 19.) SAN FRANCISCO — CSX Corp. responded Wednesday to an investor group's plans nominate a minority slate of directors to stand for election at the 2008 annual meeting, saying it has confidence in the current board. 'The...
TCI group proposes new board slate at CSX
(Reuters circulated the following story by Dane Hamilton on December 19.) NEW YORK — The Children's Investment Fund stepped up its shareholder activist campaign at CSX Corp
CSX leadership under pressure
(The Associated Press circulated the following story by Travis Reed on December 19.) ORLANDO — An activist London asset manager intensified pressure Wednesday on CSX Corp. to change leadership by partnering with a private firm and nominating a new minority slate for...
Teamsters offer disaster relieve assistance in Oregon, Washington
CLEVELAND, December 19 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in the states of Oregon and Washington regarding severe storms, flooding, landslides and mudslides that damaged property on December 1, 2007. Oregon...
Via Rail’s famous Christmas dessert
(The following story by Greg Gormick appeared on the Toronto Star website on December 19.) TORONTO — Could there be anything more Canadian than going home for Christmas by train and whiling away the snowy miles with a traditional dining car meal served on heavy china...
UP urges safe travel during the holiday season
(The Union Pacific issued the following on December 18.) OMAHA, Neb. — Shopping trips, parties and children’s school pageants are all signs the winter holiday season is here. Union Pacific Railroad reminds motorists and pedestrians to use caution during this busy...
Opinion: Quit wailing, start seeing rail partnerships
(The following editorial appeared on the Daily Herald website on December 19.) CHICAGO — The underused Elgin, Joliet & Eastern Railway Co. has a suitor, flush with cash and willing to help fix the freight gridlock afflicting Chicago and the Midwest. So what do...
Winter Haven residents battle to stop CSX
(The following story appeared on The Ledger website on December 19.) WINTER HAVEN, Fla. — A federal judge has refused the city of Winter Haven’s request to dismiss a lawsuit filed by 10 families seeking to block CSX plans to build a rail-transfer facility next to...
Fla. Cabinet OKs Gainesville rail purchase
(The following story by Joe Follick and Megan Rolland appeared on The Gainesville Sun website on December 19.) TALLAHASSEE, Fla. — The Florida Cabinet approved the $1.7 million purchase of an abandoned railway in downtown Gainesville Tuesday, capping a 10-year effort...
