All four Class I railroads—BNSF, CN, CPKC, CSX—that will remain independent, at least in the short term, if the Surface Transportation Board approves the Union Pacific-Norfolk Southern merger, have given the application
Norfolk Southern (NS) provides a progress report on networkwide investment in 2025. Also, CSX teams with Genesee Valley Transportation and New York & Atlantic on a new rail move in New York State; and BNSF and J.B. Hunt Transport Services honor “fallen heroes” in California.
We hosted a former Class I CEO to review the recent Union Pacific-Norfolk Southern merger application. He sees a very strong filing with acceptance likely though not until 2027. The CGP (Committed
Union Pacific and Norfolk Southern’s growth-oriented merger argument remains sound, but the bid-ask spread on competitive concessions remains unknown until the rails respond. Downstream, we view today’s filing as constructive for domestic
When Congress passed the Bipartisan Infrastructure Bill, Americans were promised modernization of the country’s transportation network. Roads, bridges, ports, and supply chains were all supposed to emerge faster, stronger, and more competitive. Several years
’Twas one week before Christmas, and all through the land, rail stakeholders were stirring, as Union Pacific and Norfolk Southern dealt their merger hand.
The Senate Dec. 18 voted 53-43, along party lines, to confirm STB member Michelle A. Schultz to a second two-year term on the five-member agency.
The level of granularity in evaluating thousands of pages of a merger application prompted William H. Tucker, when a member of Surface Transportation Board (STB) predecessor Interstate Commerce Commission in 1967, to equate the regulatory process with “a trial for first degree homicide.”
The Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Brotherhood of Maintenance of Way Employes Division (BMWED), representing 53% of the unionized workforce at Union Pacific (UP) and Norfolk Southern (NS), on Dec. 17 announced their opposition to the $85 billion plan to merge the two Class I railroads. On Dec. 22, the Brotherhood of Railroad Signalmen (BRS) also reported opposing the UP-NS combination.
BNSF celebrates Darigold’s new facility at its Certified Site in Pasco, Wash., and officially closes its 7,000th highway/rail grade crossing. Also, Norfolk Southern’s (NS) Safety Train marks 10 years of first-responder education.