BNSF Railway and Canadian National tell U.S. regulators that Union Pacific and Norfolk Southern are withholding crucial documents needed to properly evaluate their proposed transcontinental merger.
Union Pacific and Norfolk Southern urged federal regulators to reject what they claim are efforts by rival railroads to delay the merger process.
The Trump administration is restricting Mexican train crews from traveling more than 10 miles into the U.S. due to English language proficiency concerns.
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.
Year-over-year rail volume growth is fading.
With a new CEO, Ancora Holdings says CSX is now positioned to seek out a merger of its own.
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.
Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term consolidation.
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.
Temperature-controlled warehouse operator Americold announced it has opened a $100-million-plus import-export hub in Kansas City, Missouri.
Canadian National, one of two transcontinental railroads in Canada, expressed support for the proposed coast-to-coast merger of Union Pacific and Norfolk Southern.
Intermodal, coal, and grain helped Canadian Pacific Kansas City to improved profits in the second quarter.
The proposed acquisition creates the first transcontinental freight railroad.
Eliminating interchange should make rail a more attractive option for shippers in nation’s midsection, George and Vena tell analysts
Union Pacific and Norfolk Southern could announce a merger as early as next week, according to a published report.
Following news of the Union Pacific-Norfolk Southern talks, the Surface Transportation Board has published a resource guide to rail mergers.
A trio of veteran experts will advise the Surface Transportation Board and chairman Patrick Fuchs as talk of mergers grows louder.
