In the Gulf Coast — home to clusters of petrochemical plants and their lucrative carload traffic — BNSF will request that the STB require UP to create a neutral switching or terminal railroad that ...
BNSF, CPKC, and CSX have asked federal regulators to order Union Pacific and Norfolk Southern to certify by Sept. 19 that ...
The railroads explained that UP and NS have amended their merger application with the STB four times, three times since the ...
Back in 1995, Union Pacific set off a feeding frenzy when it announced it would acquire the decaying Southern Pacific.
The Union Pacific-Norfolk Southern merger talks have set the entire railroad industry in motion, forcing rivals BNSF and CSX into the spotlight. Activist investors and Wall Street expected a deal, but ...
CSX (NASDAQ:CSX) and BNSF have expanded their partnership to provide coast-to-coast shipping solutions with a new intermodal service linking the two railroads’ main routes spanning the U.S. The two ...
A partnership between CSX Corp. (NASDAQ:CSX) and Berkshire Hathaways' (NYSE:BRK.B) BNSF isn't a replacement for an eventual combination of the two railroads, according to an Evercore ISI analyst. "New ...
OMAHA, Neb. – The prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said they weren't interested in a deal. Investors widely ...
With one potential railroad merger in the U.S. already being the topic of speculation, another Class I railroad could end up exploring its own takeover that shakes up the landscape of the industry.
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