As merger talk heats up, deep bench will advise rail regulator
A trio of veteran experts will advise the Surface Transportation Board and chairman Patrick Fuchs as talk of mergers grows louder.
A trio of veteran experts will advise the Surface Transportation Board and chairman Patrick Fuchs as talk of mergers grows louder.
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.
In a business as tightly coupled to its past as railroading, there is much at stake for several individuals in the proposed Union Pacific-Norfolk Southern merger.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
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.
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.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
The Port of Los Angeles expects to boost exports from a rail-served logistics park in California’s Central Valley.
BNSF and CSX hauled a trainload of tanks and other military equipment to Washington for the Army’s 250th birthday parade.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
BNSF Railway introduced the First Mile/Last Mile team dedicated to development of single-carload traffic.
In the calm before the surge, BNSF is confident its network can handle the coming wave of import containers from Asia.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
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.
Talk of mergers is making the rounds of Class I railroads as a way to kick-start growth and take advantage of a business-friendly Trump administration.
BNSF has laid off a number of workers as it restructures its technology operations.