CN and CSX advocate cooperation over mergers to shift freight from highway to rail, citing seamless service and efficiency.
Union Pacific and Norfolk Southern argue rival interline alliances prove their proposed merger enhances railroad competition.
The Surface Transportation Board has approved the acquisition of 420-mile regional Great Lakes Central Railroad by Watco.
President Trump on Tuesday fired Surface Transportation Board member Robert E. Primus, the board’s lone member to oppose the CP-KCS merger in 2023.
Canadian Pacific Kansas City CEO Keith Creel again said his company would pursue alliances rather than near-term consolidation.
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and Norfolk Southern proposed their own transcontinental merger.
R.J. Corman Railroad Group has named Justin Broyles as president and chief executive.
Shipments of freight by rail continue to run ahead of year-ago levels, according to the latest data from the Association of American Railroads.
The Surface Transportation Board’s Office of Environmental Analysis has issued its final Environmental Impact Statement for the Green Eagle Railroad, a 1.3-mile line that would be part of a new 19-mile rail route and bridge connecting Eagle Pass, Texas, and Piedras Negas, Mexico. The Green Eagle Railroad would be part of a secure corridor for […]
FTAI Infrastructure is acquiring the Wheeling & Lake Erie Railway, the largest independent regional railroad in the U.S.
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.
The activist investor that helped spur the historic Union Pacific-Norfolk Southern deal is building a position in CSX.
Intermodal, coal, and grain helped Canadian Pacific Kansas City to improved profits in the second quarter.
Eliminating interchange should make rail a more attractive option for shippers in nation’s midsection, George and Vena tell analysts
Shippers wary of higher rates, service issues with one entity controlling 52,000 miles of track.
Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.
New domestic lanes expand intermodal service from the West Coast through the Midwest to Texas.
Following news of the Union Pacific-Norfolk Southern talks, the Surface Transportation Board has published a resource guide to rail mergers.
Union Pacific saw record results in the fourth quarter as coal shipments led gains across business segments.
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Union Pacific has agreed to an interim pay raise for 6,000 members of the Brotherhood of Locomotive Engineers and Trainmen while full contract talks continue. The Brotherhood of Locomotive Engineers and Trainmen and Union Pacific (NYSE: UNP) have reached tentative agreement on an interim 3% raise for union members while bargaining for a full contract […]
Tariff and trade uncertainty led CN to cut its outlook for the full year even as lower costs helped improve income amid declining revenues.
The single-car merchandise business is central to plans of the largest rail carrier of intermodal, coal, and grain.
Goldman Sachs is advising BNSF Railway on a possible merger, according to a published report, just days after news broke of talks between Union Pacific and Norfolk Southern.
Union Pacific has retained investment bank Morgan Stanley to explore a potential acquisition of a Class I railroad, according to a report.
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
Jaguar Transport Holdings is seeking to buy two railroads in Washington state, the company said in filings.
BNSF is eyeing intra-Texas drayers with expedited intermodal services connecting Los Angeles and Houston.
A federal appeals court has thrown out a rule that gave shippers with poor rail service access to a second railroad.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
Carload rail freight edged down in the latest week but stayed ahead of year-to-date levels.
A proposed private passenger train will make the Los Angeles to New York City trip in less than 72 hours – and carry tractor-trailers and their drivers.
Surface Transportation Board moves to expedite delayed cases, some of which have languished for years.
The Port of Los Angeles expects to boost exports from a rail-served logistics park in California’s Central Valley.
Shippers can book, track and trace, and get improved freight car visibility through a new tech partnership.
Republicans and Democrats split over automated track inspection systems and Federal Railroad Administration safety regulations
CPKC foresees July return to normal service after a botched computer system cutover on former Kansas City Southern.
U.S. rail traffic was down for a second straight week y/y, the first back-to-back decline this year after 15 straight weeks ahead of 2024 levels.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
Duration Capital Partners said it has invested $600 million in short line railroad operator Watco Cos.
BNSF and CSX hauled a trainload of tanks and other military equipment to Washington for the Army’s 250th birthday parade.
Chicago, Il. — The Canadian Pacific-Kansas City Southern merger has gone smoothly over the past two years — until a long-planned computer system cutover last month in former Kansas City Southern territory in the U.S. CPKC Chief Operating Officer Mark Redd says the cutover — during which CP’s operations system replaced the old KCS system […]
CSX’s on-time performance in May, measured by trip plan compliance for intermodal and carload shipments, returned to December levels.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
Short line Cumberland & Knox made its debut last weekend with a 56-mile run in Maine.
Norfolk Southern board chair Claude Mongeau, who guided the panel after a failed takeover, has resigned.
The Surface Transportation Board has opened a formal review of Watco’s acquisition of Michigan rail short line Great Lakes Central.
Wells Fargo is selling its rail leasing equipment business to a joint venture of GATX Corp. and Brookfield Infrastructure.
The U.S. Supreme Court overturned a lower court ruling, clearing the way for a rail line that would move Utah crude oil to the national rail network.
Freight on U.S. railroads posted another win against year-ago shipments.
After small railroad volume growth outperformed the Class I, Norfolk Southern is expanding an interchange program to more than 260 shortline partners.
Coal remained the commodity leader as U.S. rail carloads stayed ahead of year-ago levels.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The ports of Los Angeles and Long Beach are looking for a new harbor rail operator for the first time since 1998.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Coordinated effort is vital to optimizing use of the Port of Vancouver, Canada’s busiest port complex, says Canadian National CEO Tracy Robinson.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
U.S. railroads carried more freight in the most recent week from a year ago, according to the latest industry data.
Talk of mergers is making the rounds of Class I railroads as a way to kick-start growth and take advantage of a business-friendly Trump administration.
Volumes by carload at Grupo Mexico’s transportation division fell 6.1% in the first quarter, including declines of 21% in automotive traffic and 20% in minerals traffic.
Pricing gains and volume growth spurred BNSF Railway to modestly higher first-quarter profits.
Carload volumes for North American railroads are still running ahead of year-ago levels.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.
Canadian National saw 8% earnings growth and had an improved operating ratio in the first quarter.
The latest heritage unit to join Union Pacific’s fleet honors Abraham Lincoln, who enabled the building of the transcontinental railroad.
CPKC CEO Keith Creel says the railroad, which reported higher revenue and profits for the first quarter, is “off to a strong start” for the year.
The Surface Transportation Board will decide whether Union Pacific is blocking rival BNSF from accessing a Utah logistics park.
With Chinese imports tanking and fewer calls expected at West Coast ports, many empty containers won’t have a way back to Asia.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Falling fuel surcharge revenue offset record freight revenue for Class I railroad Union Pacific in the first quarter.
Growth in its freight and transit business segments powered higher first-quarter revenue and earnings at rail technology company Wabtec.
Flat revenue and a “vicious winter” didn’t keep Norfolk Southern from posting improved first-quarter profits.
The U.S. Supreme Court declined to hear a CSX appeal regarding an antitrust suit over access to Norfolk International Terminals.
Congestion hurt volumes and revenue in CSX’s first quarter.
Parallel Systems says its autonomous electric railcars will begin testing on two Georgia railroads this month.
A bipartisan bill in Congress would tackle the burgeoning problem of rail cargo theft.
Rail traffic in the U.S. rose 11.2% for the week that ended Saturday – the sixth straight increase.
Genesee & Wyoming short line Central Oregon & Pacific can take over local operations from Union Pacific in Eugene, Oregon, as early as Saturday, federal regulators say.
Canadian National workers represented by the Teamsters Canada Rail Conference will get a 3% annual pay raise under an arbitrator’s contract decision.
Two trade-dependent intermodal projects by BNSF Railway will move forward despite the Trump administration’s announcement of new tariffs.
Railroad stocks dropped after President Trump’s announcement Wednesday of tariffs on U.S. trading partners.
Weekly U.S. rail carloads surged to the strongest year-on-year improvement in nearly three months.
CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […]
With an international intermodal surge winding down, analyst Larry Gross pins his hopes on domestic intermodal share gains.
For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]
BNSF Railway said customers invested $4.2 billion in industrial projects on its network in 2024.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
Rail traffic in the U.S. is staying ahead of 2024 levels, according to the Association of American Railroads.
Wabtec says it is acquiring Dellner Couplers, a Swedish manufacturer of passenger couplers and equipment, in a $960 million deal.
Green Eagle Railroad’s proposed 1.3-mile line would be part of a secure corridor linking Eagle Pass, Texas, and Piedras Negras, Mexico.
The Surface Transportation Board will examine a proposal by Norfolk Southern for formal control of Virginia terminal railroad Norfolk & Portsmouth Belt Line.
CSX is detouring well over a dozen trains daily now that the Howard Street Tunnel project is underway in Baltimore.
CPKC has modeled scenarios involving tariffs and trade and says that even in the worst-case scenario, the railway can hit its target for double-digit earnings growth this year.
CSX is using fewer trains to move more tonnage in 2025, CFO Sean Pelkey said.
Norfolk Southern said it is not out of the ordinary for the Justice Department to look into a case involving antitrust allegations by fellow Class I railroad CSX.
The Justice Department is investigating Norfolk Southern and Virginia terminal railroad Norfolk & Portsmouth Belt Line for alleged anticompetitive conduct against CSX.
Railroad holding company Watco is adding Great Lakes Central to its network of shortline railroads.