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Canadian National Railway (TSX:CNR) Secures North America Access Deal With Union Pacific
Simply Wall St.20d agoneutral
Canadian National Railway (TSX:CNR) Secures North America Access Deal With Union Pacific

Canadian National Railway (TSX:CNR) and Union Pacific signed an operating rights agreement granting each company key access across North America. The arrangement provides Canadian National Railway with improved reach between Canada, the U.S. Midwest, and Mexico. Union Pacific gains a congestion free bypass around Chicago as part of the agreement. The agreement is linked to CN's support of Union Pacific’s merger with Norfolk Southern and is expected to influence service patterns over...

Union Pacific Q2 Earnings Call Highlights
MarketBeat20d agoneutral
Union Pacific Q2 Earnings Call Highlights

Union Pacific (NYSE:UNP) reported record second-quarter 2026 financial results, with executives citing volume growth, pricing gains and improved operating performance, while also raising the railroad’s full-year earnings outlook. Chief Executive Officer Jim Vena said the company delivered “record f

Norfolk Southern Q2 Earnings Call Highlights
MarketBeat20d agoneutral
Norfolk Southern Q2 Earnings Call Highlights

Norfolk Southern (NYSE:NSC) reported a stronger-than-expected second quarter, with executives pointing to a sharp rebound in freight volumes, higher energy-related demand and improving intermodal trends, while also acknowledging service pressures caused by the rapid increase in traffic. President a

Norfolk Southern’s earnings rise with volume gains
FreightWaves20d agoneutral
Norfolk Southern’s earnings rise with volume gains

Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher. The post Norfolk Southern’s earnings rise with volume gains appeared first on FreightWaves.

Railroad Stocks Rally as More Cargo Moves From Trucks to Trains
The Wall Street Journal20d agobullish
Railroad Stocks Rally as More Cargo Moves From Trucks to Trains

Shares of freight railroads Union Pacific, CSX and Norfolk Southern jumped after they reported higher revenue, as more shippers moved their cargo from truck to rail. “I’m very bullish from where we sit on demand,” said Union Pacific Executive Vice President Kenny Rogers in an earnings call. Union Pacific reported a 12% increase in second-quarter operating revenue compared to the same period a year ago, CSX reported a 10% increase and Norfolk Southern, an 11% increase.

Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad
Associated Press20d agoneutral
Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad

Union Pacific struck a deal with Canadian National to secure that rival's support for its proposed $85 billion acquisition of Norfolk Southern railroad. The deal to create the nation's first transcontinental railroad has been divisive within the industry because it would concentrate so much market power in the hands of one company that would control more than 40% of all rail traffic and reduce the number of major freight railroads in the United States down to five. BNSF, CPKC and CSX railroads all strongly oppose the merger, but now Canadian National said it will support it after winning concessions from Union Pacific.

First look: Norfolk Southern earnings
FreightWaves20d agoneutral
First look: Norfolk Southern earnings

Norfolk Southern Corp. said Q2 earnings exceeded Wall Street expectations on higher freight volumes and fuel surcharges. The post First look: Norfolk Southern earnings appeared first on FreightWaves.

CN and UP reach settlement on Norfolk Southern merger
FreightWaves21d agoneutral
CN and UP reach settlement on Norfolk Southern merger

Canadian National will support the UP-NS merger in exchange for improved access to markets in the U.S. Midwest and Mexico. The post CN and UP reach settlement on Norfolk Southern merger appeared first on FreightWaves.

Union Pacific (UNP) Stock Looks Fairly Valued On Cash Flow While Earnings Stay Cheap
Simply Wall St.26d agoneutral
Union Pacific (UNP) Stock Looks Fairly Valued On Cash Flow While Earnings Stay Cheap

Union Pacific stock has delivered a 52.7% total return over the past five years, yet current checks suggest it may now sit close to its intrinsic value rather than being a clear bargain or an obvious premium. A 52.7% five year return indicates shareholders have already captured a meaningful portion of Union Pacific's value creation over that period. The proposed merger with Norfolk Southern, alongside efficiency gains and supply chain moves like the long rail supply agreement, can support...