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2016 public companies: Expect speculation for CSX, Southeastern Grocers
2015-12-31 18:51:43| Railroads - Topix.net
Jacksonville's two biggest companies may or may not make headlines on their own next year, but both are sure to be the subject of widespread speculation. This year ended with renewed talk about consolidation in the railroad industry, despite regulatory hurdles that would make a merger involving the seven largest North American railroads difficult, including CSX Corp. However, the CEO of one of the other seven, Hunter Harrison of Canadian Pacific Railway Ltd., recently suggested Jacksonville-based CSX is 'in play.'
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