January 20, 2016 | BNSF, Headlines, NS
(Source: Seeking Alpha, January 19, 2016) NEW YORK — A merger between either BNSF or Norfolk Southern and JB Hunt is a possibility as consolidation in the freight industry continues. Full story: Seeking Alpha
January 20, 2016 | CP, Headlines, NS
(Source: Associated Press, January 19, 2016) OMAHA, Neb. — Canadian Pacific railroad wants the Justice Department to investigate whether other major freight railroads are improperly coordinating opposition to its proposed acquisition of rival Norfolk Southern. Full...
January 20, 2016 | CP, Headlines, NS
(Source: Reuters, January 19, 2016) CHICAGO — A legal protest by Canadian Pacific over a meeting among big U.S. railroads about mergers in their industry has highlighted maneuvering in the sector to cope with a rapid downturn and possible consolidation. Full story:...
January 18, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 18, 2016) NORFOLK, Va. — Norfolk Southern Corporation will announce its fourth-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. ET on Wednesday, Jan. 27, 2016. Quarterly earnings...
January 15, 2016 | CP, Headlines, NS
(Source: Editorial in the Roanoke Times, January 14, 2016) ROANOKE, Va. — If Canadian Pacific’s opening move was to make an offer to acquire Norfolk Southern (actually three offers, all rejected), Norfolk Southern’s defensive gambit has been to raise the specter that...
January 14, 2016 | Headlines, Historic/Steam, NS
(Source: Richmond Times-Dispatch, January 13, 2016) RICHMOND, Va. — The Virginia Museum of Transportation has announced a 2016 excursion schedule for the Norfolk & Western Class J 611 steam engine. Full story: Richmond Times-Dispatch
January 14, 2016 | CP, Headlines, NS
(Source: CP Rail press release, January 12, 2016) CALGARY, Alberta — Canadian Pacific today released a white paper stating that a change in the railroad industry status quo is necessary to support continued growth in the North American economy. The full text of the...
January 14, 2016 | CP, Headlines, NS
(Source: Associated Press, January 12, 2016) OMAHA, Neb. — Canadian Pacific is reiterating its argument for acquiring Norfolk Southern in a report released Tuesday. Full story: www.kentucky.com
January 14, 2016 | Headlines, NS
(Source: Norfolk Southern press release, January 12, 2016) NORFOLK, Va. — Norfolk Southern Corporation is consolidating its Virginia and Pocahontas divisions to form the new Pocahontas Division, with headquarters in Roanoke, Va., effective Feb. 1. The consolidation is...
January 11, 2016 | CP, Headlines, NS
(Source: Reuters, January 8, 2016) NEW YORK — Two trade unions representing workers at No. 4 U.S. railroad Norfolk Southern Corp have joined a growing chorus of opposition to an unsolicited bid from Canadian Pacific Railway Ltd, one in an unpublished letter sent to...
