railroads

Weekly rail freight finished short of 2024 levels in the latest week, according to the Association of American Railroads.

R.J. Corman Railroad Group has named Justin Broyles as president and chief executive.

Ancora wants CSX to focus on maximizing shareholder value at a critical moment.

Truck and rail dwell and capacity remained stable at the ports of LA-Long Beach despite a record surge in container volumes.

Leading policy and technology experts will deliver keynotes.

FTAI Infrastructure is acquiring the Wheeling & Lake Erie Railway, the largest independent regional railroad in the U.S.

Freightcar America said orders for new railcars improved in the second quarter following market uncertainties earlier in the year. 

BNSF saw earnings improve in the second quarter and first half of this year as lower costs outweighed weaker revenue per car.

Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.

Ancora built its position in Norfolk Southern in 2023 and 2024.

Intermodal, coal, and grain helped Canadian Pacific Kansas City to improved profits in the second quarter.

Eliminating interchange should make rail a more attractive option for shippers in nation’s midsection, George and Vena tell analysts

Shippers wary of higher rates, service issues with one entity controlling 52,000 miles of track.

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%.

Union Pacific reported higher profits on improved freight volumes and a one-time tax gain.

Union Pacific and Norfolk Southern on Thursday confirmed that they are in advanced discussions regarding a merger.

Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes. 

CSX said weaker coal, merchandise traffic hit second quarter profit despite higher pricing and intermodal volume.

Union Pacific has agreed to an interim pay raise for 6,000 members of the Brotherhood of Locomotive Engineers and Trainmen while full contract talks continue. The Brotherhood of Locomotive Engineers and Trainmen and Union Pacific (NYSE: UNP) have reached tentative agreement on an interim 3% raise for union members while bargaining for a full contract […]