Bowing out of the fray over Conrail`s sale last week, Norfolk Southern Corp. paved the way for a public sale of the federally owned freight line. But the government`s push to unload Conrail still ...
Representatives of the Norfolk Southern Corp. yesterday made a pitch to about 100 area Conrail employees in an effort to enlist support for the corporation’s proposed purchase of Conrail. The bottom ...
The House Energy and Commerce Committee yesterday approved a public sale of Conrail that would return to the federal government about $2 billion of its investment in the northeastern railroad. The ...
The House Transportation Subcommittee had a nice clean bill authorizing the public sale of the Consolidated Rail Corp. for a couple of billion badly needed dollars and it perversely insisted on ...
Democrats and Republicans in the House of Representatives are working feverishly to craft a piece of legislation that probably represents the last chance for the government to sell Conrail this year.
Conrail, the government-owned railroad that was considered a basket case by the industry just five years ago, is an attractive bride since being nursed back to financial health by her Uncle Sam. But ...
Conrail Inc. agreed late Friday to an amended merger agreement that allows suitors CSX Corp. and Norfolk Southern Corp. to split the railroad and end months of legal and corporate brawling. The ...
John G. Kneiling, by profession a consulting engineer, wrote Trains Magazine’s Professional Iconoclast column for many years. His column called out perceived problems with the rail industry and ...
CARTERET - Mayor Daniel Reiman issued a statement criticizing CONRAIL as "irresponsible" and renewed his call for the State to reject a plan to expand the tracks currently situated within yards of a ...