CSX ES44AH No. 1976, in Conrail colors, is the fourth in a series of heritage locomotives created by employees at the company’s Waycross Locomotive Shop in Georgia “as a way of celebrating CSX’s rich ...
The Surface Transportation Board lately has been relentless in demanding that applications for mergers and voting trusts, among other transactions, meet its standards for completeness. The most recent ...
Brain E. Gorton, Conrail's president and chief operating officer since April, recently chatted with FreightWaves about his vision for Conrail, a U.S. Northeast terminal railroad jointly owned by CSX ...
Under the agreement, CSX and Norfolk Southern will form a jointly owned entity to acquire all outstanding shares of Conrail for $115 in cash per share. Norfolk Southern will contribute $5.9 billion ...
The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
NEW YORK (CBS.MW) -- Railroad companies CSX Transportation and Norfolk Southern said Monday they had finished restructuring the debt of smaller regional freight carrier Conrail, which the two larger ...