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September 30, 2025

CSX railroad replaces CEO

JACKSONVILLE, Fla. (AP) —CSX railroad replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs.

The outgoing CEO came to the railroad in 2022 after a long career with Ford and focused on repairing CSX's relationship with its unions after a bitter contract fight. But Ancora Holdings said CSX's performance deteriorated under Hinrichs.


 
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