LAGUNA BEACH, Calif. — Union Pacific CEO Jim Vena and Norfolk Southern CEO Mark George say the interline partnerships that BNSF, CSX, and Canadian National have announced recently are proof that the proposed UP-NS merger will boost railroad competition. “Just the mere idea of having a transcontinental railroad has already enhanced competition … And I […]
CSX and Canadian National today announced they plan to develop a new interline intermodal service linking Nashville, Tenn., with Vancouver and Prince Rupert, British Columbia. This international container traffic currently runs over CN to Memphis, where it is then trucked to Nashville. Once the railroads finalize their deal, the loads will run via CSX between […]
What a week this was for unexpected twists and turns in the Class I railroad merger landscape. First, on Monday Berkshire Hathaway Chairman Warren Buffett said the company would not bid on CSX or Norfolk Southern, which had been viewed as potential merger partners for the Berkshire-owned BNSF Railway. A BNSF-CSX combination, in particular, had […]
WASHINGTON — The Justice Department yesterday urged the Surface Transportation Board to closely scrutinize Norfolk Southern’s bid for full control of the Norfolk & Portsmouth Belt Line, warning that the move could choke off competition at one of the Port of Virginia’s intermodal terminals. The Justice Department’s Antitrust Division said the 129-year-old Belt Line — […]
OMAHA, Neb. — BNSF Railway wants to date CSX — but has no interest in getting married. Five days after Union Pacific announced its $85 billion deal to acquire Norfolk Southern, Berkshire Hathaway Chairman Warren Buffett and CEO designate Greg Abel told CSX CEO Joe Hinrichs that they would not bid for the Eastern railroad. […]
BNSF Railway and CSX today announced an intermodal partnership that will offer seamless domestic coast-to-coast service, plus new international service linking BNSF’s Kansas City terminal with CSX-served ports on the East Coast. The move comes little more than three weeks after Union Pacific and Norfolk Southern unveiled their plans to merge into the first U.S. […]
JACKSONVILLE, Fla. — CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to force CSX to promptly engage in merger talks with BNSF or Canadian Pacific Kansas City — and argues that Hinrichs should be […]
JACKSONVILLE, Fla. — Activist investor Ancora Holdings, which recently announced it had taken an increased stake in CSX, is increasing pressure on the railroad to pursue a merger. The hedge fund today released a letter it had sent to the CSX board on Aug. 6, saying the board “needs to announce in the near term […]
BAY SAINT LOUIS, Miss. — Perhaps no community along Amtrak’s Mardi Gras route has been more enthusiastic about the launch of the two daily round trips than townspeople at the first stop east of New Orleans. So on Monday, Aug. 18, 2025, the first day of revenue service, it was not surprising a crowd showed […]
ENFIELD, N.C. — Some Amtrak cancellations will continue today (Tuesday, Aug. 19, 2025) following the Sunday evening derailment of a CSX coal train near Enfield, but a majority of the trains cancelled Monday will operate as scheduled. According to the Amtrak Alerts social media feed, trains that will not operate today are both directions of […]
ENFIELD, N.C. — Twenty-eight cars of a CSX loaded CSX coal train derailed Sunday afternoon (Aug. 17, 2025) north of Rocky Mount, N.C., bringing extensive disruptions to Amtrak service as well as freight operations. No injuries were reported, and a CSX representative told WRAL-TV that no waterways had been affected and there was “no threat […]
Amid merger speculation and ongoing freight doldrums, CSX will continue to focus on its own growth, service, and operations initiatives, Chief Commercial Officer Kevin Boone told an investor conference today. “Despite a trucking market that’s not really helpful right now … we are seeing truck conversions coming in every week,” Boone says. “I think that […]
