Analysts express some skepticism about UP-NS merger claims

Elevated view of meet between container train and train of empty coal gondolas

Industry analysts speaking at a RailTrends webcast on Thursday (Jan. 8, 2026) were skeptical about some of the claims Union Pacific and Norfolk Southern make in their merger application, including its central theme that the $85 billion combination is fundamentally about volume growth. Independent analyst Rick Paterson noted that UP and NS volumes have been […]

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Athearn HO FMC 5077 offset double-door boxcar

Color photo showing B end of HO scale double-door boxcar with exterior posts painted dark blue with black and white graphics on white background.

Athearn HO FMC 5077 offset double-door boxcar Scale: HO (1:87.1) Price: $39.99 to $44.99 Era: 1977+ to 2004+ (varies based on paint scheme) Manufacturer: Athearn Trains, 2904 Research Rd., Champaign, IL 61822; 800-338-4639; athearn.com Athearn HO FMC 5077 offset double-door boxcar features: 33” machined metal wheels with RP-25 contours Body-mounted McHenry scale couplers with screw-mounted […]

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Kentucky awards almost $3 million for rail infrastructure projects

Logo of Kentucky Transportation Cabinet

FRANKFORT, Ky. — The Paducah & Louisville Railway, R.J. Corman, and Norfolk Southern are among the recipients of funding from the Commonwealth of Kentucky for grade-crossing safety projects, part of almost $3 million in funding awarded under a pair of grant programs by the Kentucky Transportation Cabinet. Projects on the three railroads were among seven […]

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Ohio commission awards $1.9 million for grade crossing projects

Logo of the Public Utiliities Commission of Ohio

COLUMBUS, Ohio — Four short line or regional railroads will receive funds totaling $1.9 million for four grade crossing improvements following approval Wednesday, Jan. 7, by the Public Utilities Commission of Ohio. The Ann Arbor Railroad received the maximum available, up to $500,000, from the state Grade Crossing Projection Fund for a project to upgrade […]

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Trans-isthmus railway remains closed following fatal derailment

Map of Mexico's FIT (Ferrocarril del Istmo de Tehuantepec)

NIZANDA, Mexico — Eleven days after a derailment that killed 14 people, two lines of Mexico’s Ferrocarril del Istmo de Tehuantepec remain closed, with no estimate when they will reopen. Along with the trans-isthmus railway’s Z Line, where the Interoceanic Train derailed on Dec. 28, an additional route known as the K Line also remains […]

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UP-NS merger likely to be focus of MARS winter meeting

Man at podium

SCHAUMBURG, Ill. — CEOs with strongly opposing views of the Union Pacific-Norfolk Southern merger will be the keynote speakers at the annual winter meeting of the Midwest Association of Rail Shippers, a key annual gathering of railroad officials and customers where discussion of the merger is likely to be the leading topic. The event at […]

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Weekly U.S. rail traffic shows 4% drop

Weekly table showing U.S. carload rail traffic by commodity type and overall intermodal volume.

WASHINGTON — U.S. rail traffic fell 4% for the week ending Jan. 3, 2026, according to statistics from the Association of American Railroads. Volume for the week was 404,293 carloads and intermodal units, with 192,665 carloads, down 2.8% from the corresponding week a year earlier, and 211,628 containers and trailers, down 5.1%. Because of the […]

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Watco CEO Smith becomes chairman of company board

Watco logo, new version as of 2022

PITTSBURG, Kan. — Watco has announced changes in its leadership, adding new or additional roles for several of its top executives. CEO Dan Smith, who joined Watco in 2009 and became CEO in 2018, has also become executive chairman of the Watco board of directors, while Rick Baden, previously executive vice president and chief financial […]

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