Initial reactions to rail merger plan mostly skeptical or negative
Skepticism over claimed benefits marked reactions to the Union Pacific-Norfolk Southern merger filing.
Skepticism over claimed benefits marked reactions to the Union Pacific-Norfolk Southern merger filing.
The Surface Transportation Board is asking comments on the completeness of the 7,000-page merger application from Union Pacific and Norfolk Southern.
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.
The merger filing by Union Pacific and Norfolk Southern doesn’t change the fact that the merger is bad for the economy and consumers, BNSF CEO Katie Farmer said.
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 will file their formal merger application Friday with the Surface Transportation Board, detailing historic plans for the first transcontinental railroad.
Two of the largest U.S. railroad unions oppose the proposed merger of Union Pacific and Norfolk Southern, raising concerns that the first transcontinental rail system could lead to increased safety risks and higher freight rates.
Union Pacific has finished expanding its Casa Grande Yard, effectively doubling the facility’s capacity.
Will joined gas conglomerate CF Industries in 2007 and had served as CEO since 2014
Union Pacific and Norfolk Southern win the backing of Congressmen from Deep South states where they operate for their controversial transcontinental rail merger.
Union Pacific has set a specific date to submit its application to federal regulators for its merger with Norfolk Southern.
As an historic merger is set to reshape the U.S. supply chain, railroads say data proves they are the engine that powers the domestic economy.
The railroads had expected to file their formal merger application with the Surface Transportation Board this week.
U.S. ports urge strict evaluation by Surface Transportation Board of proposed transcontinental rail merger, cautioning on impact to the supply chain and economy.
Collaboration has been driving recent success for U.S. railroads, according to BNSF, and controversial plans for a transcontinental merger are unlikely to benefit shippers, or the rail industry.
Shares of Union Pacific and Norfolk Southern rise as the railroads count down the days until filing their formal merger application with federal regulators.
A mega-merger of railroads would have to reverse a slow years-long market for freight to produce growth touted by Union Pacific and Norfolk Southern, an industry panel said.
The top law enforcement officers from three states urged federal regulators to approve the $85 billion Union Pacific-Norfolk Southern railroad merger.
Republican legislators in a letter to federal regulators warn that the merger of Union Pacific and Norfolk Southern could create a rail colossus and with it raise prices and hinder U.S. competitiveness.
The top law enforcement officers for nine states say the merger of Union Pacific and Norfolk Southern threatens national security – and President Trump’s plans for American prosperity.
Union Pacific and Norfolk Southern took the first official step in their proposed merger as shareholders approved the transcontinental tie-up.
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.
Union Pacific wins more union support for Norfolk Southern merger with career job guarantees for NCFO train crew members.
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.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
GE Appliances has signed on to the new Union Pacific-Norfolk Southern domestic intermodal route serving key markets via west and southwest ports.
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.
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
Norfolk Southern Corp. said third quarter income fell on revenue that was slightly higher than the 2024 period.
Union Pacific’s Q3 profits rose on improved pricing, record workforce productivity and fuel consumption.
Union Pacific third quarter profit beat estimates despite costs related to its proposed merger with Norfolk Southern.
The American Chemistry Council has serious concerns about the impact to its members’ business.
Union Pacific and Norfolk Southern have set a date for shareholders to vote on their historic $85 billion merger proposal.
The owner of a popular online sneaker resale business was arrested for allegedly buying $500,000 worth of merchandise stolen from a cargo train.
BNSF Railway states that Union Pacific’s deal to acquire Norfolk Southern will hurt rail competition, increase rates, reduce service, and likely lead to operational issues.
CSX named Steve Angel as CEO, succeeding former Ford executive Joe Hinrichs as leader of the eastern railroad.
With a new CEO, Ancora Holdings says CSX is now positioned to seek out a merger of its own.
Surface Transportation Board wants longer timeline to review proposed tie-up that would create first transcontinental railroad.
History suggests a trade of job guarantees for union support of a UP-NS merger might not be all it seems.
The biggest rail union backs a transcontinental merger proposal after winning job protections from UP, NS.
No injuries were reported after a natural gas pipeline exploded in southeast Wyoming, temporarily blocking one of Union Pacific’s busiest rail routes.
President Donald Trump said that the proposed merger of Union Pacific and Norfolk Southern forming the first U.S. transcontinental railroad “sounds good to me.”
A coalition of rail shippers warns regulators that the proposed Union Pacific-Norfolk Southern merger will hurt service and raise costs.
Following similar interline moves by competing railroads, merger partners Union Pacific and Norfolk Southern have introduced an array of new domestic intermodal services.
Union Pacific CEO in Oval Office visit urged President Trump to deploy National Guard troops in Memphis and St. Louis.
CN and CSX advocate cooperation over mergers to shift freight from highway to rail, citing seamless service and efficiency.
President Trump has nominated longtime rail industry consultant Richard Kloster to the Surface Transportation Board.
Union Pacific and Norfolk Southern argue rival interline alliances prove their proposed merger enhances railroad competition.
The Port of Long Beach has released a draft environmental report for its transformative Pier B on-dock rail expansion project.
Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term consolidation.
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX.
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.
U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it will create more efficient transcontinental rail freight transportation.
Ancora wants CSX to focus on maximizing shareholder value at a critical moment.
A new Union Pacific service is raising the stakes for intermodal traffic moving from southern California ports to Chicago.
The Surface Transportation Board’s Office of Environmental Analysis has issued its final Environmental Impact Statement for the Green Eagle Railroad, a 1.3-mile line that would be part of a new 19-mile rail route and bridge connecting Eagle Pass, Texas, and Piedras Negas, Mexico. The Green Eagle Railroad would be part of a secure corridor for […]
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
An association representing several thousand rail shippers is warning a merger of Union Pacific and Norfolk Southern will push freight rates higher and lead to unreliable service.
Intermodal provider Hub Group, which would be strongly affected by a UP-NS merger, backs it fully.
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
The Port of Los Angeles is poised to reap the benefits of Union Pacific’s acquisition of Norfolk Southern, its top executive says.
The activist investor that helped spur the historic Union Pacific-Norfolk Southern deal is building a position in CSX.
Ancora built its position in Norfolk Southern in 2023 and 2024.
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.
Werner’s year-on-year comps were tough, but it performed better sequentially 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 and Norfolk Southern could announce a merger as early as next week, according to a published report.
New domestic lanes expand intermodal service from the West Coast through the Midwest to Texas.
Following news of the Union Pacific-Norfolk Southern talks, the Surface Transportation Board has published a resource guide to rail mergers.
The State of Freight for July looked at what a few key SONAR indices are saying about the market.
Union Pacific saw record results in the fourth quarter as coal shipments led gains across business segments.
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.
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 […]
Intermodal would be approximately 53% of a combined entity’s volume.
A trio of veteran experts will advise the Surface Transportation Board and chairman Patrick Fuchs as talk of mergers grows louder.
Goldman Sachs is advising BNSF Railway on a possible merger, according to a published report, just days after news broke of talks between Union Pacific and Norfolk Southern.
In a business as tightly coupled to its past as railroading, there is much at stake for several individuals in the proposed Union Pacific-Norfolk Southern merger.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
Union Pacific, the largest publicly-held railroad, is in merger talks with eastern rival Norfolk Southern, according to a published report.
Union Pacific has retained investment bank Morgan Stanley to explore a potential acquisition of a Class I railroad, according to a report.
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
A federal appeals court has thrown out a rule that gave shippers with poor rail service access to a second railroad.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
The largest U.S. railroad is taking a customer-focused approach as it deploys technology across it 32,000-mile system.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
A California startup wants to repurpose a lightly used freight route for a luxury overnight train connecting Los Angeles and San Francisco.
Union Pacific and partner ZTR said they have completed testing of a hybrid battery-electric locomotive.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
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.
Union Pacific President Beth Whited will step down to an adviser role after 37 years at the railroad.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.