Railroad company Union Pacific will buy Norfolk Southern in a cash and stock transaction valued at $85 billion, combining two of the largest rail operators in the nation. The merger will combine Union ...
Not a subscriber? Apply online today. Consolidation is hardly new in any industry. In the case of Class-1 railroads, however, it has been a profound trend almost from the outset. This level of ...
Somewhere between Hawaii and Mexico, more than four kilometers below the surface of the Pacific Ocean, the seafloor is littered with dark, potato-sized lumps of metal-rich rock called polymetallic ...
Early in February, U.S. Rep. Dusty Johnson, R-S.D., sent a letter to Surface Transportation Board Chairman Patrick Fuchs urging a “rigorous and comprehensive review” of the potential merger between ...