Union Pacific Corporation (NYSE:UNP) reported $91.1 million more in fuel-surcharge revenue than in fuel cost during the second quarter, according to its Surface Transportation Board filing. Management separately attributed $0.14 of EPS, approximately $83.2 million using diluted weighted-average shares, to the net difference between fuel expense and surcharge revenue. That represented about 4% of quarterly […]

The Surface Transportation Board said supplemental information from the railroads was sufficient to restart its review, with a final decision not expected until after May 2027.

The Surface Transportation Board resumed its review of the Union Pacific-Norfolk Southern merger after lifting a prior delay. The post Regulators set schedule for review of UP-NS merger appeared first on FreightWaves.

Here is how Marten Transport, Ltd. (MRTN) and Norfolk Southern (NSC) have performed compared to their sector so far this year.

Union Pacific and Norfolk Southern turn to former federal anti-trust officials to refute claims by red state Attorneys General opposing their transcontinental rail merger. The post Battle of the briefs: UP-NS fires back at AGs anti-merger letter appeared first on FreightWaves.

Seven GOP Attorneys General are again urging federal regulators to reject the Union Pacific–Norfolk Southern rail merger. The post Mega rail deal under fire: 7 State AGs warn UP-NS merger could drive up shipping costs appeared first on FreightWaves.

Union Pacific, CSX and Norfolk Southern stand out as railroad picks despite fuel costs, tariffs and economic uncertainty.

Headwinds, including high fuel costs, tariff-related tensions, and lingering supply-chain disruptions, hurt the Zacks Transportation -Railroad industry. UNP, CSX and NSC are likely to stand out.

Sell-side analysts have parked on Hold while some of the sharpest event-driven hedge funds in the business are quietly building complex positions around Norfolk Southern's pending merger. The two camps are not fighting over fundamentals. They are betting on very different things entirely.

BNSF Railway filed a motion asking regulators to deny the proposed $71.5 billion merger of Union Pacific and Norfolk Southern, saying the two parties did not prove that the merger is in the public interest. “It is anti-competitive, unnecessary to secure any achievable benefits, and will hurt farmers, industrial shippers, rail workers, and consumers,” said BNSF, a unit of Berkshire Hathaway, in a filing to the Surface Transportation Board, the economic regulator overseeing the railroads. “The Board should deny the merger now,” BNSF said.

The merger filing of Union Pacific and Norfolk Southern still lacks information for proper federal review, say shippers’ trade groups. The post Rail merger a failure on first sight, shippers protest appeared first on FreightWaves.

Applied Materials, Sandisk and Eaton headline today's top stock reports, highlighting AI demand, electrification trends and key risks shaping each outlook.

NSC's earnings beat, record railway revenues and rising estimates strengthen its near-term outlook, even as premium valuation remains a key trade-off.

Does Norfolk Southern (NSC) have what it takes to be a top stock pick for momentum investors? Let's find out.