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Union Pacific and Norfolk Southern urged federal regulators to reject what they claim are efforts by rival railroads to delay the merger process.
Rival railroads claim they’ve found many flaws in the Union Pacific-Norfolk Southern merger application and are asking the Surface Transportation Board to reject the document.
Amtrak has rejected a proposed private transcontinental passenger train that would have also carried vehicles.
Skepticism over claimed benefits marked reactions to the Union Pacific-Norfolk Southern merger filing.
Merger of Union Pacific and Norfolk Southern will create 10,000 single-line rail lanes, annually shifting 105,000 truckloads to rail and improving efficiency by eliminating interchanges.
Rail freight has been below 2024 levels for eight consecutive weeks, according to the Association of American Railroads.
Union Pacific has finished expanding its Casa Grande Yard, effectively doubling the facility’s capacity.
Will joined gas conglomerate CF Industries in 2007 and had served as CEO since 2014
Intermodal shipments led U.S. rail freight lower in the latest weekly data but traffic remains higher year-to-date.
CSX’s new CEO won’t be flying the company jet.
The Federal Railroad Administration approved a waiver to allow for the expanded use of automatic track inspection technology.
The railroads had expected to file their formal merger application with the Surface Transportation Board this week.
Federal regulators approved the sale of regional line Wheeling & Lake Erie Railway to Fortress Investment Group.
Union Pacific and Norfolk Southern took the first official step in their proposed merger as shareholders approved the transcontinental tie-up.
Union Pacific CEO Jim Vena refutes BNSF’s claim that its merger with Norfolk Southern would lead to the elimination of hundreds of intermodal lanes.
Union Pacific wins more union support for Norfolk Southern merger with career job guarantees for NCFO train crew members.
Nominees who will help judge the fate of the Union Pacific-Norfolk Southern merger told a Senate hearing they won’t let politics influence their decisions.
Florida East Coast Railway helped owner Grupo Mexico’s transportation division increase third-quarter operating income on higher revenue despite flat freight volumes.
U.S. rail traffic remained below 2024 levels for the third consecutive week and the sixth time in eight weeks, with both carload and intermodal traffic experiencing declines.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
Canadian Pacific Kansas City profits increased in the third quarter on higher freight volume and revenue despite economic uncertainty and trade tensions.
New CSX chief Steve Angel has named new leadership of the railroad’s finance and commercial units.
Rail carloads were evenly split among winners and losers as intermodal traffic led rail freight lower in the latest week.
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
Union Pacific’s Q3 profits rose on improved pricing, record workforce productivity and fuel consumption.
Canadian National named Patrick Whitehead COO and Janet Drysdale CCO, ending a split operations model; former co-leader Derek Taylor departed.
CSX third quarter were dragged down by declining coal shipments that outweighed higher intermodal traffic.
Union Pacific and Norfolk Southern have set a date for shareholders to vote on their historic $85 billion merger proposal.
Intermodal traffic and carload freight were higher for a second consecutive week, according to the Association of American Railroads.
New Federal Railroad Administration chief is a former Pan Am Railways president and fifth-generation railroader.
A regional railroad wants to redevelop freight and passenger services in an eastern Pennsylvania county.
Rail freight posted its third-biggest drop this year as carload and intermodal shipments declined.
Former Surface Transportation Board member Robert Primus on Wednesday sued President Trump, the rail board and its chairman, challenging his firing by Trump in August.
BNSF Railway states that Union Pacific’s deal to acquire Norfolk Southern will hurt rail competition, increase rates, reduce service, and likely lead to operational issues.
Surface Transportation Board wants longer timeline to review proposed tie-up that would create first transcontinental railroad.
CSX has officially opened the Howard Street Tunnel after a clearance project that will boost container volume at the Port of Baltimore.
Intermodal containers and trailers led a down week for U.S. rail freight, according to AAR data.
CSX’s Blue Ridge Subdivision, damaged by Hurricane Helene, hosts its first revenue freight train after reconstruction.
CSX CEO Joe Hinrichs states that railroads’ focus on profit margins over growth has led to stagnant traffic levels.
Union Pacific CEO in Oval Office visit urged President Trump to deploy National Guard troops in Memphis and St. Louis.
CN and CSX advocate cooperation over mergers to shift freight from highway to rail, citing seamless service and efficiency.
Union Pacific and Norfolk Southern argue rival interline alliances prove their proposed merger enhances railroad competition.
The Surface Transportation Board has approved the acquisition of 420-mile regional Great Lakes Central Railroad by Watco.
President Trump on Tuesday fired Surface Transportation Board member Robert E. Primus, the board’s lone member to oppose the CP-KCS merger in 2023.
Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term consolidation.
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and Norfolk Southern proposed their own transcontinental merger.
R.J. Corman Railroad Group has named Justin Broyles as president and chief executive.
Shipments of freight by rail continue to run ahead of year-ago levels, according to the latest data from the Association of American Railroads.
The Surface Transportation Board’s Office of Environmental Analysis has issued its final Environmental Impact Statement for the Green Eagle Railroad, a 1.3-mile line that would be part of a new 19-mile rail route and bridge connecting Eagle Pass, Texas, and Piedras Negas, Mexico. The Green Eagle Railroad would be part of a secure corridor for […]
FTAI Infrastructure is acquiring the Wheeling & Lake Erie Railway, the largest independent regional railroad in the U.S.
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
The activist investor that helped spur the historic Union Pacific-Norfolk Southern deal is building a position in CSX.
Intermodal, coal, and grain helped Canadian Pacific Kansas City to improved profits in the second quarter.
Eliminating interchange should make rail a more attractive option for shippers in nation’s midsection, George and Vena tell analysts
Shippers wary of higher rates, service issues with one entity controlling 52,000 miles of track.
Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.
New domestic lanes expand intermodal service from the West Coast through the Midwest to Texas.
Following news of the Union Pacific-Norfolk Southern talks, the Surface Transportation Board has published a resource guide to rail mergers.
Union Pacific saw record results in the fourth quarter as coal shipments led gains across business segments.
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Union Pacific has agreed to an interim pay raise for 6,000 members of the Brotherhood of Locomotive Engineers and Trainmen while full contract talks continue. The Brotherhood of Locomotive Engineers and Trainmen and Union Pacific (NYSE: UNP) have reached tentative agreement on an interim 3% raise for union members while bargaining for a full contract […]
Tariff and trade uncertainty led CN to cut its outlook for the full year even as lower costs helped improve income amid declining revenues.
The single-car merchandise business is central to plans of the largest rail carrier of intermodal, coal, and grain.
Goldman Sachs is advising BNSF Railway on a possible merger, according to a published report, just days after news broke of talks between Union Pacific and Norfolk Southern.
Union Pacific has retained investment bank Morgan Stanley to explore a potential acquisition of a Class I railroad, according to a report.
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
Jaguar Transport Holdings is seeking to buy two railroads in Washington state, the company said in filings.
BNSF is eyeing intra-Texas drayers with expedited intermodal services connecting Los Angeles and Houston.
A federal appeals court has thrown out a rule that gave shippers with poor rail service access to a second railroad.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
Carload rail freight edged down in the latest week but stayed ahead of year-to-date levels.
A proposed private passenger train will make the Los Angeles to New York City trip in less than 72 hours – and carry tractor-trailers and their drivers.
Surface Transportation Board moves to expedite delayed cases, some of which have languished for years.
The Port of Los Angeles expects to boost exports from a rail-served logistics park in California’s Central Valley.
Shippers can book, track and trace, and get improved freight car visibility through a new tech partnership.
Republicans and Democrats split over automated track inspection systems and Federal Railroad Administration safety regulations
CPKC foresees July return to normal service after a botched computer system cutover on former Kansas City Southern.
U.S. rail traffic was down for a second straight week y/y, the first back-to-back decline this year after 15 straight weeks ahead of 2024 levels.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
Duration Capital Partners said it has invested $600 million in short line railroad operator Watco Cos.
BNSF and CSX hauled a trainload of tanks and other military equipment to Washington for the Army’s 250th birthday parade.
Chicago, Il. — The Canadian Pacific-Kansas City Southern merger has gone smoothly over the past two years — until a long-planned computer system cutover last month in former Kansas City Southern territory in the U.S. CPKC Chief Operating Officer Mark Redd says the cutover — during which CP’s operations system replaced the old KCS system […]
CSX’s on-time performance in May, measured by trip plan compliance for intermodal and carload shipments, returned to December levels.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
Short line Cumberland & Knox made its debut last weekend with a 56-mile run in Maine.
Norfolk Southern board chair Claude Mongeau, who guided the panel after a failed takeover, has resigned.
The Surface Transportation Board has opened a formal review of Watco’s acquisition of Michigan rail short line Great Lakes Central.
Wells Fargo is selling its rail leasing equipment business to a joint venture of GATX Corp. and Brookfield Infrastructure.
The U.S. Supreme Court overturned a lower court ruling, clearing the way for a rail line that would move Utah crude oil to the national rail network.
Freight on U.S. railroads posted another win against year-ago shipments.
After small railroad volume growth outperformed the Class I, Norfolk Southern is expanding an interchange program to more than 260 shortline partners.
Coal remained the commodity leader as U.S. rail carloads stayed ahead of year-ago levels.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The ports of Los Angeles and Long Beach are looking for a new harbor rail operator for the first time since 1998.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Coordinated effort is vital to optimizing use of the Port of Vancouver, Canada’s busiest port complex, says Canadian National CEO Tracy Robinson.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.