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BNSF Slams Union Pacific-Norfolk Southern Merger, Warns of Lost Competition and Higher Rates
The railroad is calling on customers to air any grievances with the deal to the Surface Transportation Board before an Oct. 16 commenting deadline.
Union Pacific's $85B acquisition of Norfolk Southern creates the first U.S. transcontinental railroad, unlocking major synergies and cost savings. The deal offers Norfolk Southern investors a 15% ...
(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 ...
WASHINGTON - BNSF Railway wants to launch international double-stack service this week between Southern California and Salt Lake City via trackage rights over Union Pacific's former Western Pacific ...
Federal regulators will determine whether BNSF Railway can use its trackage rights over Union Pacific to reach a new shortline railroad in Utah. The Surface Transportation Board on Monday rejected ...
BNSF Railway and CSX are seeing immediate results from the interline domestic intermodal partnership that they announced in ...
The largest railroad merger in U.S. history was announced less than three months ago, and opposition has begun. On July 29, ...
Union Pacific UNP has announced an $85 billion deal to combine with Norfolk Southern NSC. We now believe that with a deal to create the a transcontinental US railroad on the table, Berkshire ...
OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail ...
WASHINGTON — Union Pacific has proposed building a new five-mile branch line to reach a petrochemical plant in Bay City, Texas, that is currently served only by rival BNSF Railway. UP, in a Sept. 24 ...
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 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 ...
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