FRA Certification Helpline: (216) 694-0240

‘Locusts’ visit Capitol Hill

(The following story by Christopher Faille appeared at BlackEnterprise.com on March 7.) WASHINGTON, D.C. — It has been almost three years now since Germany’s former Labour Minister, Franz Mntefering referred to foreign financial institutions in general, hedge...

Barges hit Ohio River bridges

(The Associated Press circulated the following on March 5.) PARKERSBURG, W.Va. — A highway bridge and a CSX railroad bridge spanning the Ohio River in Parkersburg are closed for inspections after being struck by barges that broke free from a towboat this afternoon. No...

A CSX defender’s railroad ties

(The following appeared on the New York Times website on March 6.) NEW YORK — When it comes to the rail system, it seems to be politics as usual. Rep. Corrine Brown, a Democrat from Florida, is trying to prevent London-based hedge fund The Children’s Investment Fund...

Hedge fund tells Congress it won’t undercut rail safety

(Dow Jones Newswires circulated the following story by Martin Vaughan on March 5.) WASHINGTON, D.C. —The Children’s Investment Fund, the activist hedge fund that is seeking to shake up the management structure at CSX Corp. (CSX), defended its campaign before a...

Growth of new CSX terminal is on track

(The following story by Jim Hook appeared at Chambersburg Public Opinion website on March 4.) CHAMBERSBURG, Pa. — The CSX intermodal terminal at Chambersburg seems more like a truck parking lot than the precursor to a $1 billion boost to the regional economy. The $46...

CSX track work starts Sunday in Boston area

(The following story by Noah Bierman appeared on the Boston Globe website on March 5.) BOSTON — The tardiest commuter rail line in Massachusetts will experience another round of delays beginning Sunday, as CSX Transportation begins work on replacing rails on the...

CSX, hedge fund to square off in hearing

(The Associated Press circulated the following story by Dan Caterinicchia on March 4.) WASHINGTON, D.C. — The CEO of CSX Corp. and a partner from the hedge fund seeking major changes in the railroad company’s management structure will share a witness table...

CSX continues investigation into Tenn. derailment

(The following story by Tonya Smith-King appeared on the Jackson Sun website on March 3.) JACKSON, Tenn. — CSX Railroad is continuing its investigation into the cause of a train derailment Thursday night in Milan. No one was injured in the incident, which occurred at...