News

CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
Canadian National and CSX executives today touted cooperation — not combination — as the best way to convert freight from highway to rail. While Union Pacific has proposed an $85 billion acquisition ...
CSX railroad’s profit slipped 14% in the second quarter even though the volume of shipments it delivered remained flat as it continued working on two major construction projects on its network. The ...
The U.S. Supreme Court (SCOTUS) declined on April 21 to hear CSX’s bid to revive its antitrust lawsuit accusing Norfolk Southern of illegally restricting access to Norfolk International Terminals (NIT ...
OMAHA, Neb. (AP) — 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 ...
Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
Don’t make me take you to the watershed: During Union Pacific and Norfolk Southern’s July 29 presentation announcing the proposed combination, the piece we found most interesting (beyond the audacity ...