8 articles
The US Surface Transportation Board denied motions to dismiss the Union Pacific-Norfolk Southern merger without addressing merits, prompting warnings from the America Chemistry Council against viewing
Union Pacific notes soaring diesel prices are shifting freight from trucks to rail, boosting demand despite higher fuel costs for the railroad. The company cites robust underlying business strength an
Norfolk Southern executives warned that rising fuel prices will negatively impact Q3 operating ratios, creating a 250-basis-point headwind, though the company continues to gain freight share and advan
Geopolitical tensions from the Iran war have increased fuel costs, prompting major transport firms like Union Pacific and Maersk to raise surcharges that exceed expenses, boosting profits amid supply
Union Pacific collected $91.1 million more in fuel surcharges than costs in Q2, drawing criticism from shippers while pursuing an $85 billion merger with Norfolk Southern.
ACC leaders prioritized US trade policy and TSCA updates at their annual meeting to safeguard chemical industry competitiveness. Key focuses include addressing global excess capacity, clearing EPA rev
The US Surface Transportation Board accepted a revised merger application between Union Pacific and Norfolk Southern but delayed the review to request additional data. Chemical industry trade groups o
The Surface Transportation Board rejected the proposed merger between Union Pacific and Norfolk Southern due to incomplete applications. Chemical industry groups opposed the deal, citing concerns over
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