#freight-rail
(13 articles)PE firms reshape US rail landscape, acquire short-line control
Private equity firms are rapidly acquiring ownership of America's 600+ short-line railroads, fundamentally reshaping the freight rail landscape. These small carriers operate nearly 50,000 miles of tra
UP Rejects Federal Stake in $85B Norfolk Southern Merger
Union Pacific's CEO Jim Vena has publicly rejected the possibility of federal government investment in the proposed $85 billion merger with Norfolk Southern, asserting that the company possesses suffi
UP-NS Merger Faces Extended STB Review; Fall 2027 Close Expected
The Surface Transportation Board has conditionally accepted the Union Pacific-Norfolk Southern merger application but signaled it will conduct a rigorous, discovery-led review rather than a routine re
UP-NS Revised Merger Application Advances at STB
Union Pacific and Norfolk Southern have resubmitted revised merger application materials to the Surface Transportation Board (STB), advancing a major consolidation effort in North American rail freigh
STB Accepts UP-NS Rail Merger Application; Supplemental Info Required
The Surface Transportation Board has formally accepted the revised merger application from Union Pacific and Norfolk Southern, marking a critical milestone in one of North America's most significant p
UP Defends Merger Filing as STB Decision Looms
Union Pacific fired back at allegations from six state attorneys general that the railroad failed to provide adequate documentation in its revised merger application with Norfolk Southern to the Surfa
Formula 1 Tests Freight Rail for Event Logistics
Formula 1 is piloting freight rail as an alternative to traditional road-based logistics for transporting equipment between race events, representing a notable shift toward sustainability in high-perf
BNSF Names New COO as Matt Garland Departs After 5 Months
BNSF Railway has undergone a significant leadership transition in its operations division, promoting Craig Morehouse to chief operations officer after Matt Garland's departure following just five mont
UP-NS Merger Faces Industry Pushback From Competing Railroads
Union Pacific and Norfolk Southern's refiled merger application faces mounting industry opposition, with competing railroads arguing the proposal inadequately addresses competitive and capacity concer
Transnet Opens Rails: 11 Private Operators Begin Service
Transnet, South Africa's state-owned freight rail operator, has granted access to 11 private rail operators to begin commercial services on its network. This represents a significant shift toward mark
Industry Groups Oppose Union Pacific-Norfolk Southern Merger
Industry groups have formally signaled opposition to a potential merger between two of North America's largest freight rail carriers, Union Pacific and Norfolk Southern. This consolidation would resha
UP, NS Refile Rail Merger Application Targeting Regulatory Approval
Union Pacific and Norfolk Southern have refiled their rail-merger application, signaling renewed pursuit of regulatory approval after previous regulatory scrutiny. This represents a critical juncture
Rail Investment Powers Logistics Transformation Globally
The World Bank Group has released analysis underscoring the transformative potential of rail investment in global supply chain logistics. Rail networks represent a cornerstone infrastructure opportuni