Ports warn intermodal in the crosshairs of rail merger
U.S. ports urge strict evaluation by Surface Transportation Board of proposed transcontinental rail merger, cautioning on impact to the supply chain and economy.
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.