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CSX and hedge fund square off

(The following article by Michael J. de la Merced appeared on the New York Times website on November 17.) NEW YORK — Directors at CSX, the railroad operator, publicly supported management Friday and rebutted criticisms by a hedge fund that the company had overspent...

CSX Santa Train a return to magic of childhood

(The following story by J.H. Osborne appeared on the Kingsport, Tenn., Times-News website on November 17. Brother Alf Peoples, a member of BLET Division 781 in Erwin, Tenn., was the locomotive engineer on the Santa Claus Special.) ABOARD THE SANTA CLAUS SPECIAL — More...

CSX derailment: Was it the bridge, or the train?

(The following story by David Hunt appeared on The Florida Times-Union website on November 16.) JACKSONVILLE, Fla. — U.S. Rep. Corrine Brown is pushing Jacksonville-based CSX Transportation for answers after a bridge derailment Nov. 9 that dumped coal into Washington,...

CSX Board defends management’s performance

Dow Jones Newswire circulated the following story by Kathy Shwiff on November 16.) NEW YORK — The board of CSX Corp. (CSX), in a letter to activist shareholder The Children’s Investment Fund, defended the company’s management and financial performance. The...

With CSX’s letter, showdown with hedge fund looms

(The following report appeared on the New York Times website on November 16.) NEW YORK — CSX’s board on Friday publicly backed management and rebutted criticisms by a hedge fund that the railroad operator has overspent and failed to improve its stock’s performance. In...

Bridge collapses, CSX train derails over river in D.C.

(The Associated Press circulated the following on November 9.) WASHINGTON, D.C. — An old railroad bridge collapsed today and several cars of a freight train dumped coal and small amounts chemicals into the Anacostia River. No one was injured, and the oil and hydraulic...