Norfolk Southern

The Surface Transportation Board (STB) on July 30 confirmed that it has received a notice of intent regarding a proposed merger that would result in the combination of Union Pacific…

The Union Pacific+Norfolk Southern merger terms were largely as expected. NS can walk away from UP for an unsolicited better offer ($11/share break fee), but a BNSF-CSX combination is more…

Georgia Ports Authority’s Port of Savannah logs the second busiest year on record. Also, the Port of New Orleans (Port NOLA) will collaborate with other Louisiana ports on a regional…

Union Pacific’s (UP) much-anticipated bid for Norfolk Southern (NS) was announced July 29. Both now embark on a lengthy review process, but we see the potential approval pathway justified due…

Since a Union Pacific/Norfolk Southern merger is now in process, I wanted to share data giving a sense of the absolute monster of a railroad UP+NS would represent. To do…

Following weeks of “perhapses,” “maybes,” and a “conceivably” or two—self-serving bait for valuable feedback—railroads Union Pacific (UP) and Norfolk Southern (NS) have officially announced merger plans. BNSF and CSX have…

The speculation is over: Union Pacific and Norfolk Southern at 7:00 AM EDT announced their agreement to, in a combined cash and stock transaction valued at more than $250 billion,…

Fostering a supportive environment that lifts up talent and recognizes an individual’s or project’s contribution to the organization or community is key. Our third-annual in-person Women in Rail Conference, taking place…

“This quarter, Norfolk Southern (NS) delivered another set of strong results—growing volumes, managing costs, and delivering 8% EPS growth,” said President and CEO Mark George during a second-quarter 2025 financial…

Unconfirmed reports over the weekend noted a Class I merger is close. These reports were preceded by actions by the STB that show the agency is preparing to handle a…

Question: Where’s the belief in growth? Our State of the Rails chart (bottom) is starting to look good, and we show a truncated version. We now have half the industry,…

Big Four railroads BNSF, CSX, Norfolk Southern (NS) and Union Pacific have been awarded summary judgment by the United States District Court for the District of Columbia—the court rejecting shipper…

South Carolina Ports (SC Ports) wraps up Fiscal Year 2025 with steady container volumes and record rail moves. Also, auto terminal capacity expands at the Port of Vancouver in Canada.

Railway Age and RT&S are returning to Chicagoland on Oct. 15-16 for the third annual Women in Rail Conference. This year’s program features trailblazing women and their allies who are significantly influencing today’s freight, passenger and transit…

Class I merger talk comes back to center stage as the Wall Street Journal reports Union Pacific is in early discussions with Norfolk Southern. We hosted a call with Littlejohn…

Union Pacific (UP) is in early-stage discussions to acquire Norfolk Southern (NS), “according to people familiar with the matter,” The Wall Street Journal reported July 17. “[T]here are no guarantees…

The National Transportation Safety Board (NTSB) has released the final report for its investigation of the Aug. 27, 2024, Norfolk Southern (NS) conductor who was seriously injured while coupling coal…

Topping the list of reasons to attend the much-anticipated 2025 Women in Rail Conference is kick-off speaker Annie Adams, Chief Human Resources Officer at Norfolk Southern (NS). Railway Age and…

Given the Fourth of July effect in the most recent weekly data, we’ll give Canadian Pacific Kansas City (CPKC) a break from our weekly critique as it continues to try…

The Surface Transportation Board (STB) on March 14 reported that it will review Norfolk Southern’s (NS) proposal to acquire Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Virginia S&T…