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News
BNSF CEO assails new rail merger filing, says transcon will raise rates, prices
1+ mon, 2+ week ago (347+ words) The western rival of Union Pacific said that the carrier’s latest regulatory filing doesn’t change the fact that the merger with Norfolk Southern will raise rates for shippers, and prices for consumers. The merging railroads on Monday completed the supplemental…...
Union Pacific, Norfolk Southern add new customer protections as STB merger review advances
1+ mon, 2+ week ago (416+ words) Union Pacific and Norfolk Southern are trying to strengthen their case for creating America’s first transcontinental railroad, adding what they describe as an unprecedented set of customer assurances as the Surface Transportation Board reviews their merger application. The companies said…...
Norfolk Southern’s earnings rise with volume gains
1+ mon, 2+ week ago (472+ words) Adjusted for the impact of one-time items – including expenses related to the February 2023 East Palestine, Ohio, derailment and hazardous materials release, and the proposed merger with Union Pacific (NYSE: UNP) – the railroad’s operating income increased 5%, to $1.19 billion, as revenue rose…...
CN and UP reach settlement on Norfolk Southern merger
1+ mon, 2+ week ago (596+ words) Canadian National said it will not oppose the Union Pacific-Norfolk Southern rail merger in a sweeping set of deals that gives it better access to the U.S. Midwest and Mexico. Union Pacific (NYSE: UNP) will gain rights over CN’s crown jewel,…...
Norfolk Southern conductor struck, killed by train in Indiana
1+ mon, 4+ week ago (181+ words) A Norfolk Southern conductor was killed on Thursday when he was struck by a train in Indiana. The conductor, Scott Shoemaker, 57, of Toledo, was struck by a westbound train at around 3:52 a.m. in Whiting, Ind. Shoemaker, who was working an eastbound…...
EXCLUSIVE: Union Pacific, Norfolk Southern CEOs talk about the rail merger that could reshape the U.S. economy
2+ mon, 3+ day ago (82+ words) PHILADELPHIA – Union Pacific’s thundering train – the massive Big Boy steam locomotive, not the pending merger with Norfolk Southern – made it to the East Coast over the July 4th holiday, completing an historic ocean-to-ocean tour that began in Sacramento in April. Broad-based…...