CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs ...
If Union Pacific’s merger is approved, it could gain control of train operators who’ve been hauling freight across Chicago for more than a century.
The federal regulators said the railroads failed to project post-merger market share despite claims of expected traffic ...
The Surface Transportation Board has sent back Union Pacific’s proposed $85 billion buyout of Norfolk Southern for revision, ...
The Surface Transportation Board today issued a setback to Union Pacific’s effort to acquire Norfolk Southern, rejecting the ...
Fighting the merger is a “very high priority for us,” said Zak Andersen, vice president of communications for BNSF Railway.
CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
CSX’s earnings fell 22% in the third quarter as the railroad wrapped up two major construction projects that were limiting traffic, but volume was still up slightly and the results were weighed down ...
BMO downgraded Union Pacific to Market Perform, saying that the railroad’s proposed $85 billion merger with Norfolk Southern faces high regulatory hurdles that could trigger restrictive new industry ...
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