News
Factbox-Major Rail Mergers That Reshaped the US Freight Network
Landmark mergers in the past - such as the creation of BNSF and between Union Pacific and Southern Pacific - have set the stage for today's concentrated rail network, often triggering both operational gains and regulatory pushback. Here are some of the largest railroad deals in the past three decades:
Merger could create first coast-to-coast US freight railroad
Two of America's largest railroad companies are set to combine in an $85bn (£63.8bn) deal that would create the first firm with a coast-to-coast freight rail network in the US. Union Pacific said it had agreed to buy its smaller East Coast rival Norfolk Southern,
BNSF Railway, Patriot Rail and the Utah Port Authority officially opened the a Class I intermodal facility in Salt Lake City.
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
According to Oliver Wyman, a consultancy, the share of intermodal goods in America that travel by rail on journeys longer ...
Union Pacific is set to acquire competitor Norfolk Southern to create the largest rail freight operator in the United States in a deal valued at $85 billion, according to a joint statement Tuesday.
The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...
Hosted on MSN1mon
Map shows $10B rail megaproject between US and Mexico - MSNA $10 billion infrastructure project will link Texas and Mexico through a 165-mile elevated freight corridor. The initiative, led by Green Corridors, aims to create a fully electric and autonomous ...
Amtrak would lose government-backed preference in legislation seeking faster freight service. The post Bill aims to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback