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CSX hires operations chief to help railroad’s new CEO

(Source: Associated Press, January 8, 2018) OMAHA, Neb. — CSX has hired an operations executive to help its new CEO manage the railroad. The Jacksonville, Florida, based railroad said Monday that Edmond Harris will be its new executive vice president of operations....

STB requests update on CSX operations

(Source: Progressive Railroading, December 18, 2017) The Surface Transportation Board (STB) late last week requested that CSX provide a detailed update on the ongoing implementation of its new operating plan and efforts to “restore reliable rail service to...

CSX stock stabilizes after CEO death; investors seek clarity

(Source: Reuters, December 18, 2017) NEW YORK — CSX Corp’s stock stabilized on Monday in a sign of confidence that acting Chief Executive Officer Jim Foote can steer the No. 3 U.S. railroad in the short-term, following the sudden death of the firm’s CEO on Saturday....

E. Hunter Harrison, 1944-2017

(Source: DC Velocity, December 19, 2017) WASHINGTON, D.C. — Not long after Canadian National Railway (CN) acquired Wisconsin Central Transportation Ltd. (WC) in 2001, E. Hunter Harrison, then CN’s vice president and COO, visited a bloc of paper shippers who were...

Foote firmly planted at CSX

(Source: Railway Age, December 26, 2017) NEW YORK — CSX Corp. on Dec. 22 named James Foote as President and Chief Executive Officer, effective immediately. Formerly Chief Operating Officer, Foote had been acting CEO since Dec. 14 after E. Hunter Harrison was placed on...

CSX put all its eggs in one basket

(Source: Bloomberg, December 18, 2017) NEW YORK — CSX Corp. shareholders paid $84 million for Hunter Harrison. They’re now getting James Foote. Full story: Bloomberg