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Rail Industry News

CSX breaks ground on Pa. intermodal rail terminal

(Source: Pittsburgh Post-Gazette, December 11, 2015) PITTSBURGH, Pa. — Hard hats and golden shovels were out in force last Friday at the official groundbreaking for the $60 million terminal facility being built by CSX Corp. in Stowe and McKees Rocks. Full story:...

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BNSF’s Matt Rose: If NS goes, we’re in

(Source: Trains Magazine, December 10, 2015) NEW YORK — The executive chairman of BNSF Railway is fond of saying that railroad mergers don’t occur in a vacuum. Do one, says Matt Rose, and there will be another. “They always go in pairs,” he said today. With hints like...

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BNSF cautions against CP’s takeover of NS

(Source: Financial Times, December 10, 2015) NEW YORK — North American railroads could face a wave of mergers that are detrimental to customers if regulators approve efforts by Canadian Pacific to take over Norfolk Southern, the executive chairman of the US’s...

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