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Union Pacific and Norfolk Southern submitted initial responses to the Surface Transportation Board's request for additional data regarding their proposed transcontinental rail merger. The post Union Pacific, Norfolk Southern submit more merger data appeared first on FreightWaves.

Rising fuel and trucking costs have caused a rail volume surge, slowing down major U.S. railroads. The post Rising intermodal volume slows big four U.S. rail systems appeared first on FreightWaves.

With NSC shares moving north, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

CSX Corporation (NASDAQ:CSX) is included among the 10 Reliable Dividend Stocks to Buy for Long-Term Investors. On June 24, RBC Capital raised its price recommendation on CSX Corporation (NASDAQ:CSX) to $51 from $47. It reiterated an Outperform rating on the stock. The update came as part of a broader preview of second-quarter results for Class […]

Railroad companies Canadian National Railway (CNI), CSX (CSX), and Union Pacific (UNP) are well-posi

The delivery giant is posting impressive sales growth, but a tangle of new expenses has investors hitting the brakes.

Norfolk Southern’s CEO says the railroad is prioritizing both improving current service and pursuing a merger with Union Pacific. The post Norfolk Southern CEO says railroad must focus on today and tomorrow appeared first on FreightWaves.

Berkshire Hathaway Inc (NYSE:BRK.B) is one of the best long-term stocks to invest in according to Bill & Melinda Gates Foundation Trust. The stock is backed by 126 hedge funds. According to a Financial Times report on June 11, Berkshire Hathaway Inc (NYSE:BRK.B) is against the proposed merger of railroad operators Union Pacific and Norfolk […]

Union Pacific Corporation (NYSE:UNP) is one of the most profitable industrial stocks to buy now. On May 28, the Surface Transportation Board confirmed that it has received the merger application from Union Pacific Corporation (NYSE:UNP) and Norfolk Southern Corporation. The application paves the way for the proposed merger to move forward in the review process. […]

With CSX shares moving north, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

Union Pacific (NYSE:UNP) and Norfolk Southern are the focus of new concerns around a potential merger and its impact on U.S. agricultural shippers. Major farm and grain trade groups are warning that the deal could lead to higher freight rates, weaker rail competition, and pressure on supply chain reliability. The issue is attracting attention because agricultural inputs and crop shipments rely heavily on rail, so any changes in pricing power or service terms could affect costs across the...

Norfolk Southern Corporation (NYSE:NSC) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. Railroad giant Norfolk Southern Corporation (NYSE:NSC) has been in the news lately due to its merger with Union Pacific. The deal has been in play since July last year. However, on June 7th, the Surface Transportation […]

Microsoft led yesterday's unusual activity with a Vol/OI ratio of 122x, while concentrated institutional trades in CSX and Charles Schwab set up bull call spreads offering 650% to 843% maximum returns.

Union Pacific CEO Jim Vena stated the company can afford its $85 billion Norfolk Southern merger without federal investment. The post UP CEO says no thanks to potential government investment in $85B merger appeared first on FreightWaves.

Norfolk Southern’s fair value estimate in one analyst model has shifted from US$332.22 to US$335.71 per share, providing an updated reference point for where the stock is being pegged right now. That change sits within a broader split on Wall Street, where some firms are responding to rail volume trends and industrial data with higher targets, while others are trimming their numbers and flagging execution risk. Read on to see what is driving this evolving narrative and how you can keep track...

How Norfolk Southern Stock Has Been Performing Norfolk Southern (NSC) has drawn investor attention recently as its stock trades around $313.45, with returns of about 2% over the past day and 2.7% over the past week. Over the past month the stock shows a return of roughly 0.5%, while the past 3 months reflect about 5% and the past year about 27.4% in total return, with year to date near 8.9%. See our latest analysis for Norfolk Southern. At a share price of $313.45, Norfolk Southern’s...

We just covered the 10 Best Non-AI Stocks to Buy According to Billionaire Stanley Druckenmiller. Westinghouse Air Brake Technologies (NYSE:WAB) ranks #10 (see 5 Best Non-AI Stocks to Buy According to Billionaire Stanley Druckenmiller). Druckenmiller’s Stake: $23,715,000 Westinghouse Air Brake Technologies (NYSE:WAB) makes locomotives, braking systems and rail equipment used by freight railroads and transit […]

Opponents of a controversial transcontinental rail merger hailed the House transportation appropriations committee’s backing of a ‘rigorous’ review of the deal by federal regulators. The post House endorses 25-year old rules for rail merger review appeared first on FreightWaves.

Despite underperforming the broader S&P 500 Index over the past year, Norfolk Southern continues to garner cautious optimism from Wall Street.

Union Pacific's CEO Jim Vena said he's not had any direct conversations with Trump about the government acquiring a 15% stake in the pending UP-Norfolk Southern merger.

The Surface Transportation Board has paused and conditionally accepted review of Union Pacific’s proposed acquisition of Norfolk Southern. Regulators cited unclear and underdeveloped elements in the merger application and requested additional information. The review timeline may extend the potential completion of the deal into late Fall 2027. For Union Pacific (NYSE:UNP), this proposed merger comes at a time when the stock trades around $263.5 and has returned 13.6% year to date and 23.1%...

The STB accepted the railroads' application but flags the proposed deal's "unclear and underdeveloped" aspects.

The Surface Transportation Board granted conditional acceptance of the revised UP-NS merger application. What does that mean for the proposed transcontinental rail merger? The post No hard feelings: UP-NS will see fact-based review appeared first on FreightWaves.

Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) sit on opposite ends of the largest rail deal in U.S. history: a stock-and-cash transaction valued at $320 per share and $85 billion in enterprise value. The Surface Transportation Board (STB) accepted the revised application on May 28, 2026, then paused the review to request more ... Union Pacific vs Norfolk Southern: Which Side of the Megamerger Should You Own?

Norfolk Southern promotes a new operations chief with a deep background in eastern railroading. The post New COO for Norfolk Southern appeared first on FreightWaves.

Trump did not name any specific companies, but Union Pacific's pending acquisition of Norfolk Southern is the only known railroad deal currently in progress.

North America’s freight rail map is about to be redrawn. The proposed merger of Union Pacific (NYSE: UNP) with Norfolk Southern (NYSE: NSC) would create the first transcontinental railroad, and the Surface Transportation Board review will almost certainly require divestitures of regional lines, yards, and equipment. Investors fixate on the operators. The more interesting question ... Brookfield Infrastructure Could Quietly Cash In on the Coming Rail Megamerger

The Surface Transportation Board gave conditional approval of the Union Pacific-Norfolk Southern revised merger application, but asked for more information. The post How rail mega-merger moved ahead, and STB avoided making history appeared first on FreightWaves.

Class A shares of Berkshire Hathaway, owner of BNSF Railway, reversed earlier gains on Thursday after a federal regulator pushed pause on its review of the blockbuster merger between Union Pacific and Norfolk Southern. BNSF, which competes with Union Pacific in the Western U.S., has previously said that the proposed merger will "concentrate too much control of the nation's freight market with one railroad leading to long-term harm to competition and resilience in the nation's supply chain." "BNSF remains firmly opposed to the proposed UP–NS merger," the Berkshire-owned railroad said in a statement on Thursday.

(Updates with Union Pacific and Norfolk Southern comments in the second and third paragraphs and sto