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...Canadian Pacific previously approached first CSX and then Norfolk Southern about potential mergers in 2014 and 2016 under Hunter Harrison, the charismatic chief executive who had been installed after a campaign...
...A version of this article was first published by Nikkei Asia on July 23. ©2022 Nikkei Inc. All rights reserved....
...One late summer afternoon in 2011, railroad turnround legend Hunter Harrison and Bill Ackman lunched at Manhattan’s Museum of Modern Art....
...Citing the CSX ordeal, the Surface Transportation Board regulatory body has asked Union Pacific to hold weekly calls with its staff....
...It became known for political journalism as well as coverage of music and cultivated writers including Hunter S Thompson, Tom Wolfe and Joe Klein....
...The concept may appeal to singletons in dense urban areas, but it's simply not a long-term solution for the demographic that actually depends on low cost auto transportation....
...In his first comments to analysts since July, Hunter Harrison sounded at once contrite and defensive. CSX “went through obviously some slippage,” he said on a call discussing third-quarter results....
...Hunter Harrison arrived at CSX in March promising to make the 190-year-old network lean and efficient....
...“Michael has helped build CSX into one of the nation’s leading transportation and logistics companies, and Clarence has similarly provided valuable leadership across CSX’s sales, marketing and operations...
...CSX, a freight railroad company with origins in the bituminous coal seams of Appalachia, will not buy a single new locomotive to pull coal trains, chief executive Hunter Harrison told analysts on Wednesday...
...Hunter Harrison was named in the role “effective immediately”, CSX said on Monday. He will replace Michael Ward, who had planned to retire in May....
...Mr Harrison teamed up with activist investor Mantle Ridge to take the top job at CSX....
...ELLEN FITZSIMMONS Executive vice-president, general counsel and corporate secretaryCSX Corporation CSX was faced with more than 5,000 pending claims regarding incidents across the transportation company...
...Hunter Harrison announced on Wednesday he was stepping down as chief executive of Canadian Pacific, the Calgary-based railroad he has led since 2012....
...The reason to be wary in Uber’s case is the future of on-demand transportation is… quite uncertain....
...Railway stocks were also in focus after Hunter Harrison, Canadian Pacific chief executive, unexpectedly announced that he would step down five months earlier than planned, triggering speculation that the...
...Ellen Fitzsimmons EVP, corporate secretary and general counselCSX Ellen Fitzsimmons has led a new and highly successful litigation and community engagement strategy for the transportation company CSX....
...to which Uber has gone in order to compel agreement with its (perhaps we should say its lawyers’) description of itself and with its analysis of the legal relationships between the two companies [Uber B.V....
...Both NS and CSX have insisted that the Surface Transportation Board, the industry regulator, was so unlikely to approve a merger that it was not worth considering....
...Uber, the San Francisco based transportation company, scored a major legal victory on Wednesday when a court in its hometown ruled that Uber drivers could not pursue a class action challenge against the...
...A still more formidable barrier could well be the US’s Surface Transportation Board....
...The last merger between Class I railroads was completed in 1999, when NS and CSX together bought Conrail and split its assets between them....
...He said CSX, which CP approached last year, had put itself up for sale. CSX denied having done so....
...The deal is the latest effort by Hunter Harrison, CP’s chief executive since 2012, to increase its reach by buying a larger rival....
...In the year to date CSX shares are down 14 per cent, while Union Pacific has dropped 5.6 per cent....
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