CSX said Steve Angel would take Joe Hinrichs’s place as the railroad’s CEO, a few weeks after an activist investor told the company to find a deal or replace its top executive.

In August, Ancora Holdings said CSX should pursue a merger partner of its own in light of Union Pacific’s $71.5 billion deal to merge with Norfolk Southern. Hinrichs had said he would be open to looking at deals or other kinds of tie-ups amid ongoing rail consolidation, and he expanded CSX’s network of alliances with companies including Canadian Pacific Kansas City. CSX and Berkshire Hathaway’s BNSF Railway last month teamed up to launch new intermodal services connecting the East and West coasts. CNPC said it wasn’t interested in consolidating, and Berkshire Chairman Warren Buffett said he didn’t want to buy another railroad.

In a statement, Ancora applauded CSX’s move and said it expected Angel, a former CEO of Linde, would be more proactive in seeking out a merger partner. Angel oversaw the integration of Linde and Praxair, which created one of the world’s largest industrial gases and engineering companies.

• Mark Bristow departed as Barrick Mining’s chief executive after about seven years, with Mark Hill appointed as interim CEO. (WSJ)
• Newmont CEO Tom Palmer is retiring, effective at year’s end, and will be replaced by current COO Natascha Viljoen. (WSJ)

General Motors has gone from being one of the industry’s loudest champions of electric vehicles to a leading opponent of emissions rules and fuel-economy standards, nixing plans for factories to make EVs and the batteries to power them.

The Wall Street Journal’s Sharon Terlep writes that not long ago, CEO Mary Barra said GM was a decade away from quitting gasoline-powered cars. Now she is touting GM’s multibillion-dollar investments in V-8 engines, gasoline-powered pickups and SUVs. Many car companies have lately called for looser regulations because of softening EV sales and a White House hostile to green energy, but none has backtracked as quickly and dramatically as GM.

The Detroit automaker this year has spent more to lobby the federal government than any company other than Meta, using much of the money going to fight clean-air and fuel-economy rules. While GM says it remains invested in EVs, Barra has stopped referencing her own 2035 target to produce only EVs, saying instead that the transition will take decades.

• Jaguar Land Rover will restart some manufacturing in the coming days as it begins to recover from a cyberattack that crippled production for about a month. (WSJ)

The Pentagon is urging its missile suppliers to double or even quadruple production rates on a breakneck schedule, amid concerns about the low weapons stockpiles the U.S. would have on hand for a potential future conflict with China. 

The Journal's Drew FitzGerald and Lara Seligman write that the push to speed production of the critical weapons has played out through a series of high-level meetings between Pentagon leaders and senior representatives from several U.S. missile makers, according to people familiar with the matter.

The department summoned top missile suppliers to a June roundtable at the Pentagon to kick off the industry effort. The meeting, attended by Defense Secretary Pete Hegseth and Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, drew executives from several weapons makers, new market entrants like Anduril Industries, and a handful of suppliers of important parts like rocket propellant and batteries.

The Trump administration said it is clamping down on companies that pose national-security risks by adding them to a trade blacklist, a move that threatens hundreds of Chinese firms. (WSJ)

Disruption at a major Indonesian copper mine has heightened expectations for tighter global supply, with prices expected to rise further in a market highly vulnerable to production shocks. (WSJ)

Eurozone business sentiment improved in September, with the Economic Sentiment Indicator rising to 95.5 from 95.3 in August. (WSJ)

Spanish consumer prices rose 3.0% year-on-year this month, accelerating from 2.7% in August and reaching the highest level since June last year.

The governments of Canada and Ontario are providing Algoma Steel Group with a half-billion Canadian dollars of financing the company says it needs to survive new 50% tariffs. (WSJ)

Factories in Texas recorded weaker conditions this month as production slowed, according to a monthly survey. (WSJ)

Auto-parts supplier First Brands Group filed for bankruptcy after coming under scrutiny over its financial disclosures. (WSJ)

Deutsche Lufthansa said it would cut about 4,000 jobs by 2030, mostly in Germany, as the airline rolls out artificial intelligence and automation. (WSJ)

BP said it would proceed with its $5 billion Tiber-Guadalupe project in the Gulf of Mexico. (WSJ)

China amended its maritime laws to allow it to block vessels of countries it accuses of targeting its shipping operations, two weeks before U.S. fees on Chinese ships are due to take effect. (Journal of Commerce)

Switzerland offered to invest in U.S. gold refining to help persuade the Trump administration to lower its 39% import tariff. (Bloomberg)

A Dutch cargo ship was on fire with two crew injured in the Gulf of Aden after a suspected strike by Yemen’s Houthi militants. (Lloyd’s List)

Mediterranean Shipping Co. said it won’t operate services between Asia and Europe through the Arctic’s Northern Sea Route. (The Loadstar)

All 95 containers that fell overboard from the vessel Mississippi at the Port of Long Beach earlier this month have been recovered. (gCaptain)

Yum Brands is developing a unified supply-chain system for its restaurant franchisees. (SupplyChainDive)

A cyberattack hit Japanese brewer Asahi’s shipping and customer service operations. (SupplyChainBrain)

Mark R. Long is editor of WSJ Logistics Report. Reach him at mark.long@wsj.com.

Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long, Liz Young and Paul Berger.