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.
Rebuilding after hurricane damage and rerouting around a Baltimore tunnel project cost CSX a million dollars a day in lost revenue in the first quarter, a company executive told an investor conference.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.
The U.S. Supreme Court declined to hear a CSX appeal regarding an antitrust suit over access to Norfolk International Terminals.
Congestion hurt volumes and revenue in CSX’s first quarter.
Railroad stocks dropped after President Trump’s announcement Wednesday of tariffs on U.S. trading partners.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
The Surface Transportation Board will examine a proposal by Norfolk Southern for formal control of Virginia terminal railroad Norfolk & Portsmouth Belt Line.
CSX is detouring well over a dozen trains daily now that the Howard Street Tunnel project is underway in Baltimore.
CSX is using fewer trains to move more tonnage in 2025, CFO Sean Pelkey said.
Investors’ overreaction to seasonal volatility may represent a buying opportunity, Citi says.
Norfolk Southern said it is not out of the ordinary for the Justice Department to look into a case involving antitrust allegations by fellow Class I railroad CSX.
The Justice Department is investigating Norfolk Southern and Virginia terminal railroad Norfolk & Portsmouth Belt Line for alleged anticompetitive conduct against CSX.
CSX announced that members of the International Association of Machinists and Aerospace Workers ratified a new five-year agreement.
The early-year supply chain lull swept rail freight in the latest carload data from the Association of American Railroads.
The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.
Railroads are weighing the uncertainty of President Trump’s proposed tariffs and foresee a moderate cross-border impact, executives told an investor conference.
Union Pacific might be running the smoothest rail network.
U.S. rail traffic has risen for the fifth time in the first six weeks of 2025.
