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CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms

The Washington Times•Monday, September 29, 2025 at 5:25:44 PM
NegativeU.S News
CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
CSX railroad has made a significant leadership change by replacing its CEO, Joe Hinrichs, following pressure from an investment fund and concerns over the company's performance. This decision comes just weeks before a potential merger with Union Pacific, highlighting the competitive landscape in the railroad industry. Investors are keen on seeing CSX adapt and thrive, especially as it faces challenges from larger competitors. The move signals a shift in strategy that could impact the future direction of the company.
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CSX railroad replaces CEO after investor pressure, poor performance
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