BNSF Railway needs to close the operating-ratio gap with the other Class I railroads, new Berkshire Hathaway CEO Greg Abel said on Saturday in his first annual letter to shareholders. BNSF continues ...
After the federal Surface Transportation Board rejected a merger application between Union Pacific and Norfolk Southern in January, it wasn’t clear how long it would take for the railroads to ...
BNSF Railway today announced the Class I railroad has filed a petition with the Surface Transportation Board (STB), requesting the immediate review and enforcement of conditions imposed during the ...
This is the fourth in a five-part series about railroad growth coming from truck conversions focused on the criticality of ...
[Stay on top of transportation news: Get TTNews in your inbox.] OMAHA, Neb. — Union Pacific delivered 7% growth in its third-quarter earnings Oct. 23 as its CEO continues to make the case for the ...
Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Roughly 99% of both railroads’ ...
Union Pacific Railroad was hit with a $9.2 million breach-of-contract lawsuit on Jan. 30 in Missouri Circuit Court for Jackson County over alleged underpayment for track usage rights. The suit, ...
OMAHA, Neb. — 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 ...