May 22, 2008 | Commuter Rail, CSX, Headlines
(The following story by Priyanka Dayal appeared on the Worcester Telegram & Gazette website on May 21.) WASHINGTON, D.C. — Sen. John F. Kerry is trying to fast-track plans to expand commuter rail service in Massachusetts. The Massachusetts Democrat called a...
May 22, 2008 | CSX, Headlines
(Reuters circulated the following story by Martha Graybow on May 21.) NEW YORK — The chief executive of CSX Corp. said in court on Wednesday he felt targeted by activist investors seeking to get seats on the board of directors, but the rail company negotiated with...
May 21, 2008 | CSX, Headlines
(The following story by Rick Stouffer appeared on the Tribune Review website on May 21.) PITTSBURGH, Pa. — Railroad giant CSX Corp. plans to build an intermodal terminal and make numerous rail corridor improvements in Western Pennsylvania to carry additional freight...
May 21, 2008 | CSX, Headlines
(The following story by Lisa LaMotta appeared at Forbes.com on May 20.) JACKSONVILLE, Fla. — The drama at CSX continues as the railroad battles interference from two of its key investor groups, TCI and 3G Capital. The argument over how the railroad should be run...
May 20, 2008 | CSX, Headlines
(The following story by Bill Rodgers appeared on the Tribune Chronicle website on May 19.) WARREN, Ohio — A week after a Newton Township police cruiser was crushed by an oncoming locomotive, a dispatcher in Newton Falls has been suspended for two weeks. Police Chief...
May 20, 2008 | CSX, Headlines
(The following story by Tom Fontaine appeared on the Beaver County Times website on May 19.) PITTSBURGH, Pa. — CSX Corp. plans to build a freight terminal in the Pittsburgh area and make its corridor through the region able to accommodate double-stacked trains as part...
May 20, 2008 | CSX, Headlines
(TCI and 3G Capital issued the following on may 20.) NEW YORK — The Children’s Investment Fund Management (UK) LLP (“TCI”) and 3G Capital Partners, LTD. (“3G” and together with TCI the “Group”) today sent a letter to CSX shareholders in connection with the Group’s...
May 20, 2008 | CSX, Headlines
(Reuters circulated the following on May 20.) NEW YORK — British activist investor group The Children’s Investment Fund said on Tuesday U.S. railroad CSX Corp. could achieve $2.2 billion in annual productivity gains within five years, much more than the $400...
May 19, 2008 | CSX, Headlines
(The following story by Rick Rousos appeared on The Ledger website on May 18.) LAKELAND, Fla. — Headlines blaring “Railroad Deal Dead in Its Tracks” don’t mean downtown Lakeland won’t see a significant increase in freight trains. And it...
May 19, 2008 | Commuter Rail, CSX, Headlines
(The following story by John Dyer appeared on the Boston Globe website on May 18.) BOSTON — Congressman Jim McGovern stood in front of a crowd of state and local officials, representatives of both freight and commuter rail operations, and about 50 other interested...
