The activist investor that called for CSX to dump Chief Executive Joe Hinrichs got its way Monday, and said the company is now positioned to find its own rail merger partner. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! “We applaud the CSX Board of Directors for heeding shareholder feedback and terminating former CEO Joe Hinrichs,” Ancora Holdings said in a statement. “This follows Ancora’s d ...

Union Pacific this week traded job protections for the backing by its largest union of its proposed takeover of Norfolk Southern. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! The largest western railroad (NYSE: UNP) said that every member of the SMART-TD (Sheet Metal, Air, Rail and Transportation Workers—Transportation Division), union holding a job at the time of the merger will have career- ...

The biggest rail union is backing an historic proposal to create the first transcontinental railroad after receiving guarantees it won’t suffer any job losses in the merger. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! SMART-TD (Sheet Metal, Air, Rail and Transportation Workers—Transportation Division), which has 5,900 members working trains and yards at Union Pacific (NYSE: UNP), on Monday ...