JACKSONVILLE, Fla. — Union Pacific’s proposed acquisition of Norfolk Southern will create an imbalanced national rail network while reducing options for shippers, CSX said today while launching a ...
Competitors such as BNSF, CPKC and CSX say Union Pacific and Norfolk Southern's refiled application falls short. Here's why.
The regulatory battle over whether Union Pacific Corp. should be allowed to acquire Norfolk Southern Corp. in an $85 billion deal continued this week as UP filed its answer to criticisms of its ...
Union Pacific and Norfolk Southern on May 12 filed a 46-page response (download below) with the Surface Transportation Board ...
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 ...
A U.S. Court of Appeals has unanimously affirmed the Surface Transportation Board’s approval of the CSX, Norfolk Southern (NS), and Conrail merger. In the transaction approved by STB, CSX and NS ...
CSX has launched a website opposing Union Pacific’s proposed $85 billion acquisition of Norfolk Southern, warning it could disrupt the current competitive balance and limit shipper choices. The move ...
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 ...
At CSX, Blue Ridge Subdivision recovery work advances, Board Member Gen. Thomas Bostick earns the Gold de Fleury Medal, and Signal Manager Clint Russell takes swift action to stop a train facing a ...
(Reuters) -CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services, a move that strengthens their freight connectivity but that tempers market expectations of an imminent ...