Union Pacific Eyes Norfolk Southern Deal
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Executives and insiders have speculated for months that a Trump presidency could usher in a fresh wave of rail consolidation.
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CSX (CSX) Stock Is Up, What You Need To KnowShares of freight rail services provider CSX (NASDAQ:CSX) jumped 3.1% in the afternoon session after a report revealed that rival railroad operator Union Pacific (NYSE: UNP) was exploring a potential acquisition.
Cintas isn’t just another industrial company. It offers a reliable reading of Main Street activity, arguably the heartbeat of the U.S. economy, with exposure to a broad base of small and midsize businesses. Primarily a rental and services play in the uniform industry, it is highly valued, along with other business-services companies.
BNSF Railway and Union Pacific ( NYSE: UNP) have networks that connect the West Coast to the central and Midwest regions but do not, by themselves, offer uninterrupted coast-to-coast coverage. Meanwhile,