The merger of rail giants Union Pacific and Norfolk Southern Corporation is drawing the ire of BNSF Railway, which on Monday filed a petition with the Surface Transportation Board (STB) requesting the ...
Any potential deal is expected to undergo intense regulatory scrutiny and remains far from certain. Goldman and CSX declined to comment. BNSF did not immediately respond to a Reuters request for ...
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 ...
FORT WORTH, Texas--(BUSINESS WIRE)--BNSF Railway today announced the Class I railroad has filed a petition with the Surface Transportation Board (STB), requesting the immediate review and enforcement ...
UPDATE: The Maricopa County Board of Supervisors did not approve the Major Comprehensive Plan Amendment. Read the full statement from BNSF Railway below: Unfortunately, Maricopa County Board of ...
The U.S. railroad industry has sought consolidation for decades. For Union Pacific Corp. and CEO Jim Vena, the stars are finally aligning. The company’s disclosure July 24 that it’s in advanced talks ...
The Port of Seattle finalized acquisition of the Eastside Rail Corridor from BNSF Railway today, after nearly two years of negotiations. Final cost for the northern section of the 42-mile corridor ...
Port of Seattle CEO Tay Yoshitani announced March 23 that the Port will postpone acquisition of the BNSF Eastside Rail Corridor due to continued difficulties in the nation’s bond markets. Offered for ...
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s interest in acquiring Norfolk Southern sparked a wave of deal ...
BNSF Railway has hired Goldman Sachs to explore a potential railroad takeover, and CSX (NASDAQ:CSX) is in talks to bring on financial advisors, as Union Pacific's (NYSE:UNP) interest in acquiring ...