Hedge fund billionaire Daniel Loeb reshuffled his exposure in the railroad industry at Third Point LLC in the fourth quarter ...
Norfolk Southern has been formally granted control of a Virginia port railroad by federal regulators. The post Norfolk ...
The U.S. Surface Transportation Board has made the first of several decisions in a longstanding feud between two railroads, ...
MINNEAPOLIS — Mark George knows there is concern, even fear, about the potential impacts of a Union Pacific-Norfolk Southern merger. Many stem from the service issues that followed the last wave of ...
CSX executives announced Thursday that the rail company beat expectations with its Q3 earnings. The company struggled to shrug off the impacts of a difficult coal market despite its intermodal growth, ...
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 ...
As more signs point to a more favorable opinion on the pending Union Pacific-Norfolk Southern merger in Washington, one activist investor is prodding competitor CSX to consolidate with a fellow ...
West Virginia Attorney General JB McCuskey, along with attorneys general from Georgia and Nebraska, this week submitted a letter to the federal Surface Transportation Board endorsing the proposed ...
Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Roughly 99% of both railroads’ ...