Union Pacific Eyes Norfolk Southern Deal
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Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter.
CSX Corp. stock is up on reports that Union Pacific is interested in buying the Jacksonville-headquartered railroad company. CSX Corp.’s stock rose to its highest level of the year July 17 after a report that Union Pacific Corp. is seeking to buy one of the two major eastern railroads, CSX or Norfolk Southern Corp.
NORFOLK CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at No…
HISTORICAL PERFORMANCE: From 2009-2019 Norfolk Southern stock has grown at 0.8x the rate of CSX. Norfolk Southern stock went from $41.34 at the end of 2009 to $193.28 at the end of 2019 ...
Business Owners Sue CSX, Norfolk Southern, Maersk, Alleging They Never Got Goods Due to Train Crash ... The case is 1:23-cv-00017, Ogbo et al. v. CSX Transportation Inc. et al.
This week, Norfolk Southern Corporation (NYSE:NSC) will report its Q1 earnings, and we will have the full picture of what is going on with freight transportation on the East Coast. CSX Corporation ...