Union Pacific (UNP) edged lower in premarket trading on Thursday after a report stated that the railroad operator is considering acquiring a rival, sending shares of its peers, CSX and Norfolk ...
Norfolk Southern CEO Mark George expects that the Surface Transportation Board will accept the revised merger application ...
Union Pacific and Norfolk Southern confirmed Thursday that they are engaging in “advanced discussions” about a possible merger in a move that could potentially reshape the competitive dynamics of the ...
Read full article: ‘Deserted parking lot’: Business owner criticizes Beachwalk developer over lack of progress; developer responds Halima Harris, 53, died after she was struck and killed by a ...
WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that the proposed $85 billion Union Pacific merger with Norfolk Southern "sounds good to me." Last week, Union Pacific CEO Jim Vena ...
CSX may be at a crossroads in the wake of the merger announcement of two of its Class I railroad rivals. “[CSX] has to make a decision of whether it wants to find a merger partner or whether it’s ...
The CEO of freight rail operator CSX Corp. is focused on generating returns from improved efficiency and performance — but he’s also open to merger prospects as industry rivals consolidate. “I’m open ...
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s interest in acquiring Norfolk Southern sparked a wave of deal ...
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WASHINGTON • The U.S. Supreme Court declined on Monday to hear freight rail giant CSX’s bid to revive its antitrust lawsuit accusing rival Norfolk Southern of illegally restricting access to a key ...