KCS Shareholders In Hot Seat As CP Sets Deadline On Merger Offer
It's up to Kansas City Southern's shareholders now to determine whether the railway will continue its plan to merge with CN or revert to Canadian Pacific.
Ida’s Impact: Supply Chain Updates, Tuesday, Aug. 31
Here are Tuesday's news and notes from FreightWaves reporters and market experts in the aftermath of Hurricane Ida. This file will be updated throughout the day, so please check back. (Click here to review Monday's updates.)
Where Union Pacific Stands With Analysts
Over the past 3 months, 7 analysts have published their opinion on Union Pacific (NYSE:UNP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Union Pacific, Progress Rail To Increase Biodiesel Content For Locomotives
Union Pacific will increase the amount of biodiesel that fuels locomotives used for Progress Rail.
Peak Season: Let The Chaos Commence
Freight markets have entered their second year of extreme dislocation, brought on by record consumer spending and a transportation network that doesn't have the labor or equipment to fill the need.
Analyzing Union Pacific’s Unusual Options Activity
On Thursday, shares of Union Pacific (NYSE:UNP) saw unusual options activity. After the option alert, the stock price moved down to $226.0.
Container Terminal Berthing 22,000-TEU Ships In Louisiana Moves Forward
Plaquemines Port announced Wednesday that development partner LA23 Development Co. (LA23 Devco) has secured the site for a future container terminal.