BNSF Railway says Union Pacific’s proposed acquisition of Norfolk Southern will reduce rail competition, raise rates, curtail service, and likely lead to an operational meltdown. BNSF unveiled a ...

Union Pacific boosts dividends and buybacks despite freight softness, while its planned Norfolk Southern deal aims to reshape ...

LONDON/NEW YORK/HONG KONG (Reuters) -For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history.

CSX CEO and president Joseph Hinrichs is out at the Class I railroad weeks after an activist investor called on the company ...

The Norfolk Southern executives are to receive the full bonus over three installments.

For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history.

This is shaping up to be the year of the mega deal for Wall Street bankers. Thus far, companies have announced 49 global M&A transactions valued at more than $10 billion, according to Mergermarket, ...

The Surface Transportation Board (STB) is inviting public comment on its schedule for reviewing the proposed merger of Union ...

CSX Corp. has a new chief executive officer, one who is experienced in the kind of merger the former CEO resisted.

CSX Transportation this week named Steve Angel to replace Joe Hinrichs as CEO amid pressure from an activist investor urging the railroad to find a merger partner.

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either ...

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...