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TCI quits fight for CSX with share sale

(The following story by Robert Wright appeared on the Financial Times website on April 27, 2009.) LONDON — The Children’s Investment Fund, the controversial activist investor, has pulled out of the last of the companies where it has fought high-profile battles for...

CSX to cut 250 workers in Buffalo, union says

(The following story by George Pyle appeared on the Buffalo News website on April 27, 2009.) BUFFALO, N.Y. — In what a local union leader calls the culmination of years of “lies and false hopes” – and a bet against Buffalo’s industrial future...

Crews clear tracks after CSX derailment in Va.

(The following story by Anna L. Mallory appeared on the Roanoke Times website on April 26, 2009.) ROANOKE, Va. — Cleanup crews were working Saturday on a stretch of train track in Eagle Rock where 23 train cars derailed Friday afternoon, a spokesman for CSX said...

A year after proxy fight, TCI sells off its CSX shares

(The following story by Mark Basch appeared on the Florida Times-Union website on April 24, 2009.) JACKSONVILLE, Fla. — The Children’s Investment Fund Management LLP, which waged a high-profile proxy fight with CSX Corp. last year, has sold off all of its shares in...

Radiologist won’t testify about X-ray reads, CSX claims

(The following story by Steve Korris appeared on the West Virginia Record website on April 17, 2009.) WHEELING, W.Va. — Radiologist Ray Harron refuses to testify about X-rays he read twice with different results, according to railroad company CSX Transportation. CSX,...

Effort begins to save CSX rail yard in Buffalo

(The following story by Matt Spina and Matt Glynn appeared on the Buffalo News website on April 17, 2009.) BUFFALO, N.Y. — Sen. Charles E. Schumer talked by telephone to the head of CSX Transportation on Thursday and said he came away with the “distinct impression”...

CSX hopes for special status on U.S. autos

(Reuters circulated the following story by Nick Carey on April 15, 2009.) CHICAGO — If GM or Chrysler is forced into bankruptcy, CSX Corp (CSX.N) hopes for special status that would guarantee the railroad gets paid for services provided to the automakers, CSX’s...