Alameda Belt Line, co-owned by Union Pacific and BNSF, will negotiate for the contract to provide switching services to the Port of Los Angeles-Long Beach.
Union Pacific delivered record operating income and revenue despite weaker international intermodal and automotive shipments that hurt overall 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.
Shippers want federal regulators to disclose confidential terms under which Union Pacific could walk away from its proposed merger with Norfolk Southern.
Norfolk Southern’s Mark George says the acquisition of the railroad by Union Pacific will speed up the movement of freight and spur unprecedented growth across the U.S. rail network.
A rival CEO warned the proposed merger of Union Pacific and Norfolk Southern, if approved, would give the transcontinental behemoth a commanding 50% share of all U.S. rail freight.
A key on-dock rail hub at the busiest U.S. port has effectively doubled the terminal’s capacity.
Norfolk Southern and Jaguar Transport Holdings are partnering on a multi-pronged deal to grow rail-served and transload customers in metro Atlanta.
A Union Pacific executive disputed claims by Canadian National that it intentionally understated traffic it would take from rival railroads in its merger application with Norfolk Southern.
Union Pacific CEO Jim Vena said his railroad will have capacity to manage growth from the proposed merger with Norfolk Southern, since UP has slashed the number of trains it operates on its system by 24% since 2019.
Union Pacific unveiled specially-painted locomotives honoring the United States semiquincentennial and President Trump as it marks the 250th anniversary of U.S. independence.
Canadian Pacific Kansas City is leveraging strategic initiatives to spur growth despite economic headwinds and trade uncertainty.
Federal regulators denied requests from Norfolk Southern and Union Pacific to investigate service issues on a key rail route between the West Coast and Southeast.
Norfolk Southern and Progress Rail to upgrade 96 DC-traction locomotives to AC, part of a fleet transformation strengthening operations and supporting sustainable shipping.
Union Pacific CEO Jim Vena responded to negative reaction to the proposed rail merger with Norfolk Southern, saying critics should look past history — and his own numbers — to see how the transcontinental tie-up will reshape the U.S. supply chain for the better.
New Berkshire Hathaway CEO Greg Abel said that BNSF Railway must reduce its operating-ratio gap with other Class I railroads.
Union Pacific delayed its revised merger application with Norfolk Southern after regulators clarified data formatting requirements, its CEO said.
Union Pacific and Norfolk Southern set a new date to file their revised merger application with regulators.
A coalition of GOP Attorney Generals have asked the Department of Justice to review the proposed Union Pacific-Norfolk Southern merger.
