Norfolk Southern

Commentary

The Race to Fold; CPKC Improves

Question: Where’s the belief in growth? Our State of the Rails chart (bottom) is starting to look good, and we show a truncated version. We now have half the industry, including the

(U.S. District Court for the District of Columbia)

Shippers Appeal Rail Price-Fixing Win

Big Four railroads BNSF, CSX, Norfolk Southern (NS) and Union Pacific have been awarded summary judgment by the United States District Court for the District of Columbia—the court rejecting shipper allegations that those railroads engaged in unlawful price fixing in violation of Section 1 of the Sherman Antitrust Act.

  • News

Meet the ‘Leadership Journeys’ Lineup for Women in Rail 2025

Railway Age and RT&S are returning to Chicagoland on Oct. 15-16 for the third annual Women in Rail Conference. This year’s program features trailblazing women and their allies who are significantly influencing today’s freight, passenger and transit rail industry. Setting

Commentary

Coast-to-Coast Rail M&A Implications

Class I merger talk comes back to center stage as the Wall Street Journal reports Union Pacific is in early discussions with Norfolk Southern. We hosted a call with Littlejohn & Co.

Report: UP/NS Merger Afoot?

Union Pacific (UP) is in early-stage discussions to acquire Norfolk Southern (NS), “according to people familiar with the matter,” The Wall Street Journal reported July 17. “[T]here are no guarantees they will

NTSB Determines Probable Cause for NS Conductor Injury

The National Transportation Safety Board (NTSB) has released the final report for its investigation of the Aug. 27, 2024, Norfolk Southern (NS) conductor who was seriously injured while coupling coal railcars at the Class I’s Empty Yard in Lambert’s Point Yard, Norfolk, Va.

  • News

NS’s Adams Tops 2025 Women in Rail Lineup

Topping the list of reasons to attend the much-anticipated 2025 Women in Rail Conference is kick-off speaker Annie Adams, Chief Human Resources Officer at Norfolk Southern (NS). Railway Age and RT&S are

(Source: CPKC and Loop Capital)
Commentary

State of the Rails: Fourth of July Effect, Part 1

Given the Fourth of July effect in the most recent weekly data, we’ll give Canadian Pacific Kansas City (CPKC) a break from our weekly critique as it continues to try to restore fluidity after the May 3 U.S. IT cutover from
the old Kansas City Southern (KCS) Management Control System (MCS) to Canadian Pacific’s (CP) “TYES” system. Just kidding.

Norfolk & Portsmouth Belt Line Railroad #5260 crossing Elm Ave. Portsmouth, Virginia. At U.S. Norfolk Naval Shipyard.5260 is painted a commemorative scheme as part of the Norfolk Southern, Heritage Program. (David E. George III/Wikimedia Commons)

STB to NS: Proposed NPBL Acquisition Is ‘Significant’ Transaction (UPDATED 7/11)

The Surface Transportation Board (STB) on March 14 reported that it will review Norfolk Southern’s (NS) proposal to acquire Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Virginia S&T (switching and terminal) railroad, as a “significant” transaction. NS in June provided the STB-required supplement to its acquisition application, and on July 7, the Board accepted the application as complete and set a procedural schedule.