mergers and acquisitions
Rachel Zoe Brand Gets Snapped Up by Gordon Brothers
The stylist retains a significant investment in the business and is staying on as chief creative officer.
MSC Emerges as ‘Leading Contender’ to Acquire ZIM, Report Says
The world's largest ocean carrier's reported bid would surpass that of Hapag-Lloyd—a bidder that ZIM's…
Union Pacific Postpones Merger Filing, CPKC Warns of Two-Railroad Future
The filing setback comes as UP racks up tens of millions in merger costs and faces opposition from rivals and…
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‘Why Would We Shut Off 300 Lanes?’ UP CEO Fires Back at BNSF’s Claim of Intermodal Cuts
Jim Vena dismissed BNSF's warnings over the $85 billion UP-NS merger, days before shareholders of both…
‘Not in the Public Interest’: Canada’s Railroads Sound Off on Union Pacific-Norfolk Southern Merger
CPKC and CN warn the proposed transcontinental tie-up would curb competition and limit shipper choice ahead…
Union Pacific Eyes Early Filing for Norfolk Southern Takeover
The Class I railroad aims to submit its merger application to the STB by late November as industry rivals…
BNSF Slams Union Pacific-Norfolk Southern Merger, Warns of Lost Competition and Higher Rates
The railroad is calling on customers to air any grievances with the deal to the Surface Transportation Board…
CSX Replaces CEO Amid Merger Pressure from Activist Investor
The leadership shakeup comes as the planned Union Pacific-Norfolk Southern merger fuels speculation that CSX…
CMA CGM Buys Freightliner’s Intermodal Business, Expanding UK Logistics Footprint
Freightliner operates over 80 daily rail services and more than 40 truck and rail routes from deep-sea ports…
Trump, Top Labor Group Signal Support for Union Pacific-Norfolk Southern Merger
Endorsements from the president and the nation's largest rail union boost momentum for a deal that would…
After Trump Meeting, Union Pacific CEO Defends Norfolk Southern Deal as Catalyst for Fiercer Rail Competition
President Donald Trump confirmed he recently spoke with Jim Vena, who said the administration "understands…
Trump Fires STB Member as Regulator Reviews Union Pacific-Norfolk Southern Merger
The SMART-TD union called the firing of Robert Primus "an assault on the independence of federal oversight…
Panama Canal Puts Port Rights Up for Sale in Bid to Foster Carrier Competition
The Panama Canal Authority plans to sell two yet-to-be-built ports as concerns grow of widening influence…
Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services
Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are…
Activist Investor Demands CSX Explore a Merger or Oust CEO
Ancora called on CSX to engage with both BNSF and CPKC, as "no railroad has more to lose" if the Union…