Regulators turn down requests for summary denial of UP-NS merger
The Surface Transportation Board rejected opponents’ attempts to quickly halt the proposed Union Pacific–Norfolk Southern merger.
Union Pacific blasts rival railroads’ trackage rights requests
Union Pacific CEO Jim Vena is critical of rival railroads’ plans to request trackage rights over a combined UP-Norfolk Southern system. “The idea to give up tracks of your railroad for no reason at all just goes against the fundamental principle of how … business should work,” Vena told an investor conference. Last week BNSF […]
BNSF, CPKC, and CSX to request broad access to a combined UP-NS network
BNSF, CPKC and CSX want broad operating rights over a merged UP-NS network.
STB extends deadline for participation in UP-NS merger review
Would-be participants have until the end of September to make a formal filing in the Union Pacific-Norfolk Southern merger review.
Vance, EPA chief call for investigation into Biden administration response to East Palestine derailment
Vice President Vance calls for probe into Biden handling of Ohio derailment.
Norfolk Southern, Wabtec set locomotive upgrades to AC power
Norfolk Southern and Wabtec to modernize propulsion systems for dozens of older locomotives.
Regulators set schedule for review of UP-NS merger
The Surface Transportation Board resumed its review of the Union Pacific-Norfolk Southern merger after lifting a prior delay.
Federal court upholds challenge to FRA’s two-person rail crew rule
A federal appeals court rejects rail industry arguments that the two-person crew rule was arbitrary and overreaching.
BNSF earnings rise on higher volume and revenue
BNSF earnings grew this quarter due to more shipments and higher fees, parent company Berkshire Hathaway reported.
CPKC income higher as revenue sets new second-quarter record
CPKC posted record Q2 revenue strong performances in grain, automotive, and energy sectors.
CEOs of UP, NS, say latest additions to rail merger application further enhance competitive aspects
The CEOs of Union Pacific and Norfolk Southern are confident that their merger application addressing competition concerns provides a compelling case for regulatory approval.
CN boosts outlook as volume growth tops expectations
Canadian National upgrades forecast for FY 2026 on higher revenue, profit in Q2
Union Pacific posts record financial results, raises outlook
Union Pacific raised its financial forecast after posting higher profits in the second quarter.
Norfolk Southern’s earnings rise with volume gains
Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher.
CSX boosts outlook on higher volume and revenue
CSX raised its full-year outlook after a rebound in demand that saw increases in volume, revenue and income.
CN and UP reach settlement on Norfolk Southern merger
Canadian National will support the UP-NS merger in exchange for improved access to markets in the U.S. Midwest and Mexico.
Norfolk Southern promotes new VP of intermodal and automotive
Norfolk Southern has promoted a 21-year company veteran to lead intermodal and automotive operations.
Rising intermodal volume slows big four U.S. rail systems
Rising fuel and trucking costs have caused a rail volume surge, slowing down major U.S. railroads.
Oregon port OKs federal rail grant agreement for multimodal project
The Oregon International Port of Coos Bay secured a $25 million federal grant to advance planning for the West Coast’s first fully ship-to-rail intermodal terminal.
Norfolk Southern CEO says railroad must focus on today and tomorrow
Norfolk Southern’s CEO says the railroad is prioritizing both improving current service and pursuing a merger with Union Pacific.