UK investor sees not one, but two, pathways to rail mergers
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
Norfolk Southern board chair Claude Mongeau, who guided the panel after a failed takeover, has resigned.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
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.
Cross-border tensions are moderating Canadian National’s outlook, but its CEO still expects around 3% growth in freight volumes this year.
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.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.
Canadian National saw 8% earnings growth and had an improved operating ratio in the first quarter.
CN said cost control and disciplined operations helped it to better revenue and profits in the first quarter.
Shortline railroads are precisely the business partners that major railroads need to stanch a decline in the carload business, a consultant says.
Canadian National workers represented by the Teamsters Canada Rail Conference will get a 3% annual pay raise under an arbitrator’s contract decision.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Canada’s largest railroads see mixed progress at the country’s busiest container gateway.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
The Belt Railway of Chicago has appointed former CN and CP executive Jerry Peck as president and general manager.
The early-year supply chain lull swept rail freight in the latest carload data from the Association of American Railroads.
Railroads are weighing the uncertainty of President Trump’s proposed tariffs and foresee a moderate cross-border impact, executives told an investor conference.
U.S. rail traffic has risen for the fifth time in the first six weeks of 2025.
Canadian National and the International Brotherhood of Electrical Workers of Canada have reached a tentative agreement on a new four-year contract, averting a strike that was slated to begin Tuesday. The union represents approximately 750 signals and communications employees across Canada. They have been working without a contract since Dec. 31, 2024. Montreal-based CN (NYSE: […]