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CSX Transportation
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===Into the 21st century=== The company introduced its current slogan, "How Tomorrow Moves", in 2008.<ref>{{Cite journal |last=Dolinger, Milt |date=2006-05-01 |title=How CSX got its name |url=http://www.trains.com/trn/default.aspx?c=a&id=274 |url-status=dead |journal=Trains |archive-url=https://web.archive.org/web/20081209051558/http://www.trains.com/trn/default.aspx?c=a&id=274 |archive-date=2008-12-09 |access-date=2006-08-04}}</ref> In 2014, [[Canadian Pacific Railway]] approached CSX with an offer to merge the two companies, but CSX declined, and in 2015 Canadian Pacific made an attempt to purchase and merge with [[Norfolk Southern Railway|Norfolk Southern]],<ref>{{Cite news |last1=Mattioli |first1=Dana |last2=Hoffman |first2=Liz |last3=George-Cosh |first3=David |date=October 13, 2014 |title=Canadian Pacific Approached CSX About Merger Deal |work=The Wall Street Journal |url=https://www.wsj.com/articles/canadian-pacific-approached-csx-about-merger-deal-1413141950?KEYWORDS=CSX}}</ref> but NS declined to do so as well. In 2017, CSX announced [[E. Hunter Harrison|Hunter Harrison]] would become its new chief executive officer; a settlement with activist investor [[Paul Hilal]] and Mantle Ridge.<ref>{{Cite news |last=Orol |first=Ronald |date=March 6, 2017 |title=CSX, Mantle Ridge Reach Blockbuster Deal |work=TheStreet.com |url=https://www.thestreet.com/story/14029095/1/csx-mantle-ridge-reach-blockbuster-deal.html}}</ref> CSX added five new directors to their board, including Harrison and Mantle Ridge founder Paul Hilal. Mantle Ridge owns 4.9% of CSX.<ref>{{Cite news |last=Michael Flaherty and Aishwarya Venugopal |date=March 6, 2017 |title=UPDATE 2-CSX names Hunter Harrison CEO |work=Reuters |url=https://www.reuters.com/article/csx-shareholders-idUSL2N1GJ1F6}}</ref> Harrison quickly moved to convert CSX rail operations to [[precision railroading]].<ref>{{Cite web |last=Barrow |first=Keith |date=September 17, 2019 |title=Precision Scheduled Railroading Evolution-Revolution |url=https://www.railjournal.com/in_depth/precision-scheduled-railroading-evolution-revolution |publisher=International Railway Journal}}</ref> On December 14, 2017, CSX announced that Hunter Harrison was on medical leave. Two days after the announcement, Harrison died, one day after being hospitalized for complications of an ongoing illness. CSX initially saw a 10% drop in its stock price, but turned around to hit a new 52-week high less than a month later (January 2018).<ref name="Reuters Business">{{Cite web |date=18 December 2017 |title=CSX Investors Seek Clarity After CEO Death, Stock Stabilizes |url=https://www.reuters.com/article/us-csx-stocks/csx-falls-on-ceo-death-investors-seek-turnaround-clarity-idUSKBN1EC1H7 |access-date=October 15, 2018 |publisher=Reuters}}</ref> Harrison's successors have continued the shift to precision railroading, with most [[Classification yard|hump yards]] converted to flat yards, low volume shipping lanes eliminated and reductions in rolling stock and work force.
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