Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.

Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.

CSX may not be out shopping for a merger partner, but the railroad will consider proposals that would raise shareholder value, improve service, and lead to profitable growth. “We know there’s been a lot of rumor and speculation about consolidation in the railroad industry in recent weeks,

CSX railroad's CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, Florida-based railroad said Wednesday that its second-quarter profit dipped 14% to $829 million,

A national rail merger that’s now in the works could impact the number of trains rolling through the Ozarks. Last week, Ozarks First reported that two of the nation’s four biggest railroads, Union Pacific (UP) and Norfolk Southern (NS),

Norfolk Southern Corporation (NASDAQ:NSC)’s shares have gained 21.7% year-to-date and have gained 11.5% in July.

We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union Pacific bid for NSC likely results in a BNSF bid for

Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four largest railroad companies are mulling plans to merge into just two giant systems.

CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX stock as a hold.