Description: Canadian Pacific Kansas City (CP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Description: Canadian Pacific Kansas City Ltd. (CP.TO, CP) could be a useful hedge for investors if US regulators

Description: Collaboration has been driving recent success for U.S. railroads, according to BNSF, and controversial plans for a transcontinental merger are unlikely to benefit shippers, or the rail industry. The post BNSF on UP-NS merger: Don’t ruin a good thing appeared first on FreightWaves.

Description: OMAHA, Neb., November 24, 2025--The International Brotherhood of Boilermakers (IBB) and Union Pacific Railroad reached an agreement that guarantees job security for union employees after Union Pacific and Norfolk Southern merge to build America’s first coast-to-coast railroad.

Description: Shares of Union Pacific and Norfolk Southern rise as the railroads count down the days until filing their formal merger application with federal regulators. The post Union Pacific CEO: America needs coast-to-coast railroad, now appeared first on FreightWaves.

Description: Wondering if Norfolk Southern is a bargain right now? You're not alone, as many investors are taking a closer look at its price and underlying value. After gaining 22.0% year-to-date and 8.7% in the past 12 months, Norfolk Southern's stock has caught attention with its steady movement, especially compared to the wider market. Some of this momentum reflects the company's response to recent infrastructure investments and regulatory developments, including renewed focus on rail safety and...

Description: A mega-merger of railroads would have to reverse a slow years-long market for freight to produce growth touted by Union Pacific and Norfolk Southern, an industry panel said. The post Rail merger no guarantee of growth: Analysts appeared first on FreightWaves.

Description: Republican legislators in a letter to federal regulators warn that the merger of Union Pacific and Norfolk Southern could create a rail colossus and with it raise prices and hinder U.S. competitiveness. The post Rail merger could raise prices, hurt US ability to compete, say GOP legislators appeared first on FreightWaves.

Description: NSC faces rising costs, weak liquidity and tariff pressures, with falling estimates and share declines underscoring mounting investor concerns.

Description: Norfolk Southern's consensus analyst price target has been revised slightly downward, now standing at $311.50 compared to the previous $311.63. This minor reduction comes amid ongoing debate among analysts, who are balancing optimism about revenue growth with continued sector headwinds. Stay tuned for insights on how investors can remain informed as the narrative around Norfolk Southern continues to develop. Stay updated as the Fair Value for Norfolk Southern shifts by adding it to your...

Description: Jim Vena dismissed BNSF’s warnings over the $85 billion UP-NS merger, days before shareholders of both companies approved the deal.

Description: Insights from Daniel Loeb (Trades, Portfolio)'s Third Quarter 2025 13F Filing

Description: Several state attorneys general said the proposed railroad merger between Union Pacific and Norfolk Southern poses significant risk to American companies that could "throttle the economy" and "compromise our national security." The proposed $71.5 billion deal "will result in undue market concentration that stifles competition and therefore creates higher prices, lower reliability, and less innovation at the expense of America’s manufacturers and, ultimately, America’s consumers," according to the letter Friday signed by the Republican attorneys general of nine states: Ohio, Tennessee, Kansas, Florida, North Dakota, South Dakota, Mississippi, Iowa and Montana. Prior railroad mergers resulted in worse rail service and higher costs, they said in the letter to the Surface Transportation Board, the economic regulator overseeing the freight railroads.

Description: A rail mega-merger was an outlier as transport M&A volume fell in the third quarter while geopolitics hastened a downward trend. The post Fewer but larger transport M&As in Q3: Study appeared first on FreightWaves.

Description: Union Pacific and Norfolk Southern took the first official step in their proposed merger as shareholders approved the transcontinental tie-up. The post UP, NS shareholders overwhelmingly approve $85 billion rail merger appeared first on FreightWaves.

Description: Union Pacific (UNP) and Norfolk Southern (NSC) said Friday their shareholders have approved the merg

Description: Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Roughly 99% of both railroads’ shareholders voted to support the largest rail merger in history Friday, but the U.S. Surface Transportation Board must still approve it before the deal can be completed. Union Pacific CEO Jim Vena said, “Our shareholders see the value and understand this merger will unlock new opportunities to enhance service, growth and innovation."

Description: OMAHA, Neb., November 14, 2025--Union Pacific Corporation (NYSE: UNP) today announced 99.5% of votes cast by its shareholders were in favor of issuing new shares of Union Pacific common stock in connection with its Norfolk Southern merger.

Description: Norfolk Southern Corporation (NYSE: NSC) today announced that its shareholders voted overwhelmingly, with nearly 99% of the shares cast in favor, to approve its previously announced transaction with Union Pacific at the company's Special Meeting of Shareholders (the "Special Meeting") held earlier today.

Description: The voting results mark a key milestone in the combination process, Norfolk Southern CEO Mark George said.

Description: FORT WORTH, Texas, November 12, 2025--At the Baird 55th Annual Conference Tuesday in Chicago, Union Pacific, Corp. made comments indicating that over 300 intermodal lanes will not be closed where there is an origin or destination currently on BNSF and Norfolk Southern or Union Pacific and CSX if the merger is approved.

Description: Norfolk Southern (NSC) shares are trading near $288 after recent price shifts have caught the attention of market watchers. Investors are considering how modest gains this month could reflect shifting insights on the long-term outlook. See our latest analysis for Norfolk Southern. Momentum appears to be building for Norfolk Southern, with modest but steady advances reflected in the 1.33% gain over the past week and a solid year-to-date share price return of 22.6%. Despite some volatility...

Description: Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a five-year collective bargaining agreement with the Brotherhood of Railroad Signalmen (BRS). With this agreement, Norfolk Southern has reached ratified agreements with 12 of its 13 unions, and a tentative agreement is pending ratification by the final remaining union.

Description: OMAHA, Neb., November 10, 2025--The National Conference of Firemen and Oilers (NCFO) and Union Pacific Railroad have reached an historic agreement that will ensure job security for hundreds of railroaders as Union Pacific and Norfolk Southern pursue creating America’s first coast-to-coast railroad.

Description: A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.

Description: Eighteen U.S. senators signed a letter to the agency warning the combination could weaken competition, raise rates and hurt the agricultural supply chain.

Description: Norfolk Southern’s stock narrative is shifting as the Fair Value Estimate has been revised downward from $312.53 to $311.63 per share. Recent street research reflects a nuanced mix of optimism and caution. Analysts are raising price targets based on the strength of resilient earnings and operational consistency, even as the transportation sector faces broader challenges. Stay tuned to discover how investors and observers can keep ahead of the evolving story shaping Norfolk Southern’s...

Description: Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger. The post UP, NS push for swift merger review appeared first on FreightWaves.

Description: Norfolk Southern’s third quarter results met revenue expectations but came in below analyst consensus on GAAP profit, reflecting a mixed operating environment. Management credited improvements in safety, operational efficiency, and productivity initiatives as key drivers, while also acknowledging flat overall volumes and competitive pressures stemming from the pending Union Pacific merger. CEO Mark George highlighted that, "the third quarter volume surges forecasted by partners didn’t materializ

Description: Year-over-year rail volume growth is fading. The post Rail volumes down 3%: what it means for 2025 appeared first on FreightWaves.

Description: Two major railroad companies have joined forces to launch a new freight line connecting Louisville to the West Coast. Here's what we know.

Description: GE Appliances has signed on to the new Union Pacific-Norfolk Southern domestic intermodal route serving key markets via west and southwest ports. The post New UP-NS Louisville intermodal hauling for GE Appliances appeared first on FreightWaves.

Description: Norfolk Southern (NSC) posted net profit margins of 24.2% in its latest results, up from 19.8% a year earlier. Earnings grew 22.6% over the past year, easily outpacing its five-year average annual growth of 1.3%. Looking ahead, revenue is forecast to increase 3.8% per year and earnings are expected to rise 5.6% annually, though both figures are projected to trail the broader US market. For investors, these results highlight strengthened profitability and a recent upswing in growth performance...

Description: The Class I railroad aims to submit its merger application to the STB by late November as industry rivals push back and the Trump administration signals support.

Description: The Surface Transportation Board has added another executive to its industry advisory council. The post Short line CEO joins STB rail advisory council appeared first on FreightWaves.

Description: NSC posts solid Q3 results with earnings and revenues topping estimates and surging year over year; merchandise strength offsetting coal weakness.

Description: Mark George: Hey, good afternoon, and thank you for joining us. With me today are John Orr, our Chief Operating Officer, Ed Elkins, our Chief Commercial Officer, and Jason Zampi, our Chief Financial Officer.

Description: Freight transportation company Norfolk Southern (NYSE:NSC) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 1.7% year on year to $3.10 billion. Its GAAP profit of $3.16 per share was 2.5% below analysts’ consensus estimates.

Description: Carload trip duration and equipment utilization haven’t improved meaningfully despite several other mergers in the last few decades, one expert said.

Description: Norfolk Southern Corp (NSC) reports a 2% revenue growth and operational improvements despite facing headwinds in coal and intermodal markets.

Description: The headline numbers for Norfolk Southern (NSC) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Description: Norfolk Southern (NSC) delivered earnings and revenue surprises of +3.77% and +0.44%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?

Description: Railroad operator Union Pacific reported solid third-quarter earnings, despite slow freight markets. The stock didn’t react much because investors are focused on mergers now. A year ago, in the third quarter of 2024, Union Pacific reported EPS of $2.75 from sales of $6.1 billion.

Description: Freight transportation company Norfolk Southern (NYSE:NSC) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 1.7% year on year to $3.10 billion. Its GAAP profit of $3.16 per share was 2.6% below analysts’ consensus estimates.

Description: Third quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.

Description: The railroad company, which agreed to sell itself to Union Pacific in July, reported a profit of $711 million and upped its productivity target to $200 million.

Description: ATLANTA (AP) — Norfolk Southern Corp. NSC) on Thursday reported third-quarter net income of $711 million. On a per-share basis, the Atlanta-based company said it had net income of $3.16.

Description: Norfolk Southern Corporation (NYSE: NSC) announced Thursday its third quarter 2025 financial results. For the quarter, revenue was $3.1 billion, income from railway operations was $1.1 billion, operating ratio was 64.6%, and diluted earnings per share were $3.16.

Description: US benchmark equity indexes were higher intraday as Wall Street evaluated the latest corporate earni

Description: Norfolk Southern's Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX. The post Norfolk Southern revenue falters in Q3 appeared first on FreightWaves.

Description: Union Pacific defended its proposed $71.5 billion railroad merger after a rival said the merger is "unnecessary, anti-competitive and bad" for the U.S. economy. BNSF Railway, which Union Pacific competes with in the western half of the country, said that the proposed merger between Union Pacific and Norfolk Southern will "concentrate too much control of the nation's freight market with one railroad leading to long-term harm to competition and resilience in the nation's supply chain." The Berkshire Hathaway-owned railroad said the merger will result in less competition and higher shipping rates for customers.

Description: Norfolk Southern Corp. said third quarter income fell on revenue that was slightly higher than the 2024 period. The post First look: Norfolk Southern Q3 earnings appeared first on FreightWaves.

Description: Union Pacific third quarter profit beat estimates despite costs related to its proposed merger with Norfolk Southern. The post First look: Union Pacific Q3 earnings appeared first on FreightWaves.

Description: Both Union Pacific and Norfolk Southern delivered solid profits Thursday as the railroads continued to make the case for their proposed $85 billion merger. Union Pacific wants to buy Norfolk Southern in a deal that would create the first transcontinental railroad.

Description: US equity markets were trending lower before the opening bell Thursday as traders digest Tesla's (TS

Description: Third quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.

Description: Investors interested in the Transportation sector can watch out for third-quarter 2025 earnings reports of LUV, UNP, AAL and NSC.

Description: Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock.

Description: Freight transportation company Norfolk Southern (NYSE:NSC) will be reporting results this Thursday after market hours. Here’s what to look for.

Description: Third quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.

Description: Cleveland-Cliffs will close its idle Steelton, Pa., facility permanently, leaving just two U.S. producers of steel rail for track. The post Just two U.S. makers of critical railroad material left after plant closure appeared first on FreightWaves.

Description: NSC's third-quarter 2025 performance is expected to have been affected by weak freight demand and tariff-related uncertainties.

Description: Third quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.

Description: The American Chemistry Council has serious concerns about the impact to its members' business. The post The chemicals industry hates the UP – NS merger appeared first on FreightWaves.

Description: As investors enters shutdown week three, a US-China trade war, credit gesticulation, and an incoming oil glut are weighing on the market.

Description: Norfolk Southern stock has seen its consensus analyst price target edge up modestly from $307.37 to $312.53 per share, reflecting a measured shift in market outlook. This change comes as analysts weigh company execution, industry dynamics, and the anticipated effects of its proposed merger with Union Pacific. Stay tuned to learn how you can remain informed as analyst perspectives continue to shape the evolving narrative around Norfolk Southern's future. What Wall Street Has Been Saying Recent...

Description: Norfolk Southern (NSC) shares have shown steady movement over the past week, ending the latest session at $289.78. Investors seem to be weighing the railroad operator’s recent performance against broader trends in the transportation sector. See our latest analysis for Norfolk Southern. Norfolk Southern’s share price momentum has been picking up, with a notable 23.5% gain year-to-date that hints at renewed optimism around the company’s growth prospects. That strength is also reflected in the...

Description: The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.