‘Injustice in Jacksonville’

JACKSONVILLE –– CSX President and CEO Joe Hinrichs, Railway Age’s 2025 Railroader of the Year, has been suddenly and unexpectedly railroaded by his own collectively myopic Board of Directors, and for no reason other than, sooner or later, refusing to join the transcon merger fray. I’m not the only one who wholeheartedly agrees with CNBC’s Jim Cramer that there has been an “injustice in Jacksonville” based on short-sightedness and hedge fund pressure. Call me naïve, but I didn’t see it coming. Nor did many others.