9 articles
Norfolk Southern exceeded Q3 profit estimates due to strong freight demand and operational efficiencies, recovering higher fuel costs through surcharges amidst tight trucking capacity.
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
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
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.
Norfolk Southern reported Q2 adjusted profit of $3.52 per share, exceeding analyst estimates, driven by robust freight demand and fuel surcharges that mitigated rising fuel cost pressures.
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
Norfolk Southern reported a 27% drop in Q1 profit due to missed insurance payouts from the East Palestine derailment and higher merger costs. The railroad faces regulatory scrutiny over its proposed $
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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