News

CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarter
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the ...
Rail merger could mean fewer trains through the Ozarks
A national rail merger that’s now in the works could impact the number of trains rolling through the Ozarks. Last week, ...
Jacksonville Daily Record6d
With CSX in merger spotlight, CEO says company focused on operations
Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.
Sourcing Journal on MSN8d
BNSF Tied to Possible CSX Takeover as US Rail Merger Chatter Grows
Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Modern Distribution Management2h
Union Pacific, NS Merger to Unify Link in U.S. Industrial Supply Chain. Here’s What to Know
As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated ...
Railway Age9d
NS and CSX: We See More Than Smoke
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...
Is CSX Poised For The Last Railroad Consolidation? (Earnings Review)
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
Could massive rail merger impact the Ozarks’ main carrier?
Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four ...
Trains2h
With breakup fee, UP-NS merger agreement anticipates potential blows to deal
The $85 billion Union Pacific and Norfolk Southern merger agreement includes a $2.5 billion breakup fee that anticipates potential twists and turns that could play out over the next two years. The ...