Topic
railroads
5 stories related to this topic, newest first.
Fox Newspolitics1 day ago
Railroad Union Spent Over $18 Million From 2017 to 2024, Report Says
The American Accountability Foundation examined spending by the Brotherhood of Maintenance of Way Employees Division, which represents 37,000 rail workers. The union disputed the findings.
Fortunepolitics4 days ago
STB Pauses $71.5B Union Pacific-Norfolk Southern Merger for Further Review After Trump Pushes for 15% Federal Stake
Jim Vena told CNBC the railroad can fund its $71.5 billion acquisition without government help. President Trump had said in May he wanted a 15 percent federal ownership interest in a large rail merger.
Washington Examinerpolitics32 days ago
Railroads Continue to Transport Most U.S. Coal and Ethanol Shipments
Railroads carry 75 percent of coal and 60 to 70 percent of ethanol shipments. The Railway Safety Act would affect this transportation method.
finance.yahoo.compolitics47 days ago
Surface Transportation Board to Decide on Union Pacific-Norfolk Southern Merger
The Surface Transportation Board is set to decide on a proposed merger between Union Pacific and Norfolk Southern railroads. The merger aims to link eastern and western rail networks for more efficient freight movement. Proponents state it could reduce costs and emissions by shif…
Bloombergfinance52 days ago
Union Pacific and Norfolk Southern File Amended Application for $72 Billion Merger
Union Pacific Corp. and Norfolk Southern Corp. filed an amended merger application on Thursday for their proposed $72 billion deal. The companies stated the merger would save shippers $3.5 billion annually. The application follows their initial proposal of the deal.