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Union Pacific, Norfolk Southern Sweeten Merger Filing With New Freight Shift Projections
The revised application estimates 303,000 intermodal containers shifting from rival railroads and outlines…
CSX Lifts Revenue Outlook as Fuel Costs ‘Increase the Value Proposition of Rail’
Rising diesel costs and tighter trucking capacity are pushing more freight toward rail, said Maryclare…
Weak Volumes Drag Rail Revenue at UP, CSX Despite Pricing Gains
Network recovery from Winter Storm Fern continues as the railroads guide to earnings growth driven by…
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STB Sends Union Pacific-Norfolk Southern Merger Filing Back for a Do-Over
The federal regulators said the railroads failed to project post-merger market share despite claims of…
UP, Norfolk Southern Push Back on Class I Challenges to Merger Filing
The railroads say competitors' objections are "baseless" and improperly argue the merits rather than the…
Rival Railroads Slam UP-NS Merger Application, Citing Incomplete Data
Class I railroads BNSF, CPKC, CN and CSX argue the filing violates STB merger rules and leaves key…
Union Pacific, Norfolk Southern File Merger Application as Teamsters Object
In their filing with the STB, the railroads said a merger would convert more than 2 million truckloads of…
Ports and Marine Terminals Sound Alarm Over UP-NS Rail Merger
The National Association of Waterfront Employers says rail consolidation carries risks for intermodal rail…
‘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…
CSX Beats Earnings Expectations, But Merger Questions Outshine Results
The rail company seemed less than bullish on pursuing a merger, even as Norfolk Southern and Union Pacific…
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…
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…