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Hohn is last man standing at TCI

(The following story by James Mackintosh appeared on the Financial Times website on March 23, 2009.) LONDON — The last founding partner of The Children’s Investment Fund still working with Chris Hohn, manager of the $9.5bn London hedge fund, has left. Snehal Amin, an...

Bankrupt Greenbrier may be sold to Marriott

(The following story by Michael S. Rosenwald appeared on the Washington Post website on March 20, 2009.) WASHINGTON, D.C. — The Greenbrier resort — grand and stately, remote and peaceful — has been a destination for the well-to-do since 1778. Joseph and...

BNSF and CSX enhance container service to the Southeast

(BNSF issued the following on March 19, 2009.) FORT WORTH, Texas — BNSF Railway Company and CSX Intermodal recently expanded their current intermodal container service to include several new locations in the Southeast. BNSF and CSXI will now serve Charleston, S.C.;...

CSX’s Ward sees evidence of economic recovery

(The following story by Bob Roberts appeared on the WBBM Newsradio 780 website on March 18, 2009.) CHICAGO — The CEO of one of the nation’s largest railroads sees evidence that the economy is beginning to recover. Freight traffic on eastern rail giant CSX was...

Suspected CSX train thief on track for court

(The following report appeared at CBS4.com on March 17, 2009.) KENDALL, Fla. — The man who allegedly stole a train right off of the tracks is expected in court Wednesday. Brandon Dowdy, 22, has his scheduled arraignment on charges of grand theft, burglary and...

Train thief took a 120-ton joy ride

(The following story by Robert Samuels appeared on the Miami Herald on March 16, 2009.) MIAMI, Fla. — The heist from a Kendall sidetrack was revealed on a Sunday, shortly before midnight. A railroad crew came out to crank up locomotive No. 2617 — a 120-ton blue...

CSX engineer, union sue police over breath test, detainment

(The following story by Justin Anderson appeared on the West Virginia Record website on March 11, 2009.) CHARLESTON, W.Va. — A CSX locomotive engineer and his union are suing Montgomery police and Kanawha County over a breath test he says he was forced to take after...

TCI, 3G to pay $11 million to CSX

(The following appeared at FINalternatives.com on March 12, 2009.) They may have won the war, but two activist hedge funds have lost a battle with CSX Corp. and one of its shareholders. The Children’s Investment Fund and 3G Capital Partners have agreed to pay $10...