It appears CSX Transportation won’t be merging with BNSF Railway , or anyone, for now.
While Norfolk Southern Corp. has agreed to be acquired by Union Pacific , creating the first transcontinental railroad company, CSX is not an attractive acquisition target for the remaining two Class I (major) railroads operating in the United States: Canadian National Railway and CPKC . Business
CSX unveils its first hydrogen-powered locomotive, which was retrofitted in Huntington
HD Media
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After the Union Pacific-Norfolk Southern announcement, CSX and BNSF said they have agreed to a plan to speed up the process of transferring shipments that require customers to use both railroads, reducing the travel time by days. The agreement is not a merger or an acquisition.
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