Norfolk Southern earnings slip as winter weather impacts rail volume
Norfolk Southern said first-quarter earnings were slightly lower as winter weather woes and higher fuel prices hurt freight volumes.
Norfolk Southern said first-quarter earnings were slightly lower as winter weather woes and higher fuel prices hurt freight volumes.
Union Pacific reported first quarter income improved from a year ago as improved pricing and higher fuel surcharge revenue offset a narrow decline in carload freight.
Kriska Transportation Group is expanding its cross-border cold-chain footprint with the acquisition of Sharp Transportation Systems.
Union Pacific and Norfolk Southern set a new date to file their revised merger application with regulators.
Dozens of Senators and Representatives have urged a careful review by federal regulators of the proposed merger of Union Pacific and Norfolk Southern.
Union Pacific and Wabtec have signed what they are calling the largest locomotive modernization agreement in the history of the rail industry.
R&R Family of Companies has sold its WLX/Western Logistics Express unit to CJK Group just days after closing carrier Taylor Express.
SupplyOne’s acquisition of Wertheimer Box underscores ongoing consolidation and realignment in the packaging sector.
Skepticism over claimed benefits marked reactions to the Union Pacific-Norfolk Southern merger filing.
Merger of Union Pacific and Norfolk Southern will create 10,000 single-line rail lanes, annually shifting 105,000 truckloads to rail and improving efficiency by eliminating interchanges.
Union Pacific and Norfolk Southern file a comprehensive merger application with the Surface Transportation Board to create America’s first transcontinental railroad.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
Nuvocargo’s acquisition of Mentum is aimed at benefiting shippers and carriers in the North American trade corridor.
Norfolk Southern Corp. said third quarter income fell on revenue that was slightly higher than the 2024 period.
History suggests a trade of job guarantees for union support of a UP-NS merger might not be all it seems.
This acquisition promises to bridge the gap between merely tracking shipments and understanding the broader impacts of those shipments on inventory and customer experiences.
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.
Norfolk Southern, which announced an historic merger with Union Pacific, said earnings rose 5% in Q2 as volume grew by 3%.