Investor: CSX can now search out ‘willing partner’ for rail merger
With a new CEO, Ancora Holdings says CSX is now positioned to seek out a merger of its own.
With a new CEO, Ancora Holdings says CSX is now positioned to seek out a merger of its own.
History suggests a trade of job guarantees for union support of a UP-NS merger might not be all it seems.
Following similar interline moves by competing railroads, merger partners Union Pacific and Norfolk Southern have introduced an array of new domestic intermodal services.
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 Port of Long Beach has released a draft environmental report for its transformative Pier B on-dock rail expansion project.
Infrastructure investment firm Stonepeak has acquired two logistics centers in Fort Worth, Texas.
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.
Ancora wants CSX to focus on maximizing shareholder value at a critical moment.
A new Union Pacific service is raising the stakes for intermodal traffic moving from southern California ports to Chicago.
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 […]
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
BNSF saw earnings improve in the second quarter and first half of this year as lower costs outweighed weaker revenue per car.
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
Canadian National, one of two transcontinental railroads in Canada, expressed support for the proposed coast-to-coast merger of Union Pacific and Norfolk Southern.
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 could announce a merger as early as next week, according to a published report.