Hunter Harrison
Business

CSX Will Adopt New Policy to Require CEOs to Receive Annual Physicals

CSX train Luke Sharrett/Bloomberg

CSX Corp. will adopt a new resolution Feb. 7 to require CEOs to undergo annual independent medical evaluations after a shareholder lobbied the company to do so shortly after Hunter Harrison’s death.

Ari Ashe | Staff Reporter
January 23, 2018
Business

Death of CSX’s Hunter Harrison Prompts Questions about Health Disclosures

Cindy Sanborn, Hunter Harrison of CSX Corp. Harrison with former CSX Chief Operating Officer Cindy Sanborn at STB listening session in October. (Ari Ashe/Transport Topics)

Former CSX Corp.CEO Hunter Harrison died less than one year into his four-year contract. Now questions are starting to arise about whether it was wise for the railroad to invest $84 million in the tycoon despite obvious health concerns.

Ari Ashe | Staff Reporter
December 27, 2017
Business, Logistics

CSX Takes ‘Interim’ Tag off CEO Jim Foote

CSX train Bloomberg TV Markets and Finance via YouTube

Only two months after being hired, Jim Foote is now the top executive at CSX Corp. after the unexpected death of CEO Hunter Harrison on Dec. 16.

Ari Ashe | Staff Reporter
December 27, 2017
Government, Business

Capitol Agenda for the Week of Dec. 18: Private Activity Bonds Stay in Tax Bill

Rep. Sam Graves Rep. Sam Graves by Andrew Harrer/Bloomberg News

Tax policy authorizers in the U.S. House pushed a bill that had dropped private activity bonds. Senate authorizers kept the exemption. The GOP tax bill is scheduled for a vote in the House on Dec. 19. House passage will lead to a vote in the Senate soon after. Here's a look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Staff Reporter
December 18, 2017
Business

Hunter Harrison, CEO at CSX, Dies at 73

Hunter Harrison Chris Goodney/Bloomberg News

Hunter Harrison, the successful railroad-turnaround specialist whose career spanned more than 50 years, has passed away just two days after CSX Corp. announced the CEO would take a medical leave of absence.

Ari Ashe | Staff Reporter
December 16, 2017
Government, Business, Logistics

Surface Transportation Board to Examine CSX Service Woes

CSX train Emmett Tullos/Flickr

The Surface Transportation Board will hold a special session to listen to CSX Corp. and railroad shippers discuss service disruptions since May that have ratcheted up the animosity between the sides in a public war of words.

Ari Ashe | Staff Reporter
August 28, 2017
Business, Logistics

CSX CEO Harrison Fires Back at Critics

Hunter Harrison Scott Eells/Bloomberg News

CSX Corp. CEO E. Hunter Harrison issued a stark rebuke of complaints about poor service, sending a scathing letter to a coalition of rail shippers, lawmakers in the U.S. Senate and House of Representatives and regulators at the Surface Transportation Board.

Ari Ashe | Staff Reporter
August 22, 2017
Business, Logistics

Analysis: CSX Profit Chugs Along, but Could Come at a Price

CSX railcar Stanley Forthright/Flickr

CSX Corp. investors who endorsed a massive pay package to bring railroad wunderkind Hunter Harrison on board as CEO are already seeing the payoff. The question is, at what cost?

Brooke Sutherland | Bloomberg News
July 19, 2017
Business

Harrison’s First Quarter as CEO of CSX Successful as Profits Increase 15%

Hunter Harrison Norm Betts/Bloomberg News

Hunter Harrison’s first full quarter at the helm of CSX was successful as profits surged 15% year-over-year.

Ari Ashe | Staff Reporter
July 18, 2017