Union Pacific and Norfolk Southern took the first official step in their proposed merger as shareholders approved the transcontinental tie-up.
Higher shipments of grain and nonmetallic minerals failed to offset intermodal’s decline, according to the Association of American Railroads.
Union Pacific CEO Jim Vena refutes BNSF’s claim that its merger with Norfolk Southern would lead to the elimination of hundreds of intermodal lanes.
Rail freight is mirroring the uneven U.S. economic outlook, according to the latest analysis from the Association of American Railroads.
Nominees who will help judge the fate of the Union Pacific-Norfolk Southern merger told a Senate hearing they won’t let politics influence their decisions.
Florida East Coast Railway helped owner Grupo Mexico’s transportation division increase third-quarter operating income on higher revenue despite flat freight volumes.
U.S. rail traffic remained below 2024 levels for the third consecutive week and the sixth time in eight weeks, with both carload and intermodal traffic experiencing declines.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
Year-over-year rail volume growth is fading.
Union Pacific has made a donation to help fund President Trump’s White House ballroom, ostensibly to help win regulatory approval of its $85 billion merger with Norfolk Southern.
The Surface Transportation Board has added another executive to its industry advisory council.
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
Union Pacific third quarter profit beat estimates despite costs related to its proposed merger with Norfolk Southern.
Wabtec reported stronger third quarter earnings with revenue and profit growth across freight and transit segments.
Cleveland-Cliffs will close its idle Steelton, Pa., facility permanently, leaving just two U.S. producers of steel rail for track.
Canadian National named Patrick Whitehead COO and Janet Drysdale CCO, ending a split operations model; former co-leader Derek Taylor departed.
CSX third quarter were dragged down by declining coal shipments that outweighed higher intermodal traffic.
CSX reported third quarter adjusted net earnings of $818 million, or $0.44 per share, beating forecasts of $0.42 for the eastern railroad operator.
Union Pacific and Norfolk Southern have set a date for shareholders to vote on their historic $85 billion merger proposal.
New Federal Railroad Administration chief is a former Pan Am Railways president and fifth-generation railroader.
