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NASDAQ:CSX 29 September 2025 - 3 February 2026

Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

Union Pacific shares rose 2.2% to $240.34 Tuesday afternoon, rebounding from a session low after earlier declines. CSX, Norfolk Southern, and Canadian Pacific Kansas City also gained. Investors are focused on the regulatory review of Union Pacific’s proposed merger with Norfolk Southern and freight demand projections for 2026. The Surface Transportation Board returned the merger application last month, citing missing data.
3 February 2026
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Union Pacific stock slips as rivals press regulators to reject Norfolk Southern merger filing; UNP sets Q4 earnings date

Union Pacific stock slips as rivals press regulators to reject Norfolk Southern merger filing; UNP sets Q4 earnings date

Union Pacific shares closed down 0.6% to $233.11 after rival railroads asked regulators to reject its merger application with Norfolk Southern as incomplete. The Surface Transportation Board is reviewing whether the $85 billion deal’s filing meets requirements, with a decision expected after Jan. 2. Canadian Pacific Kansas City and CSX cited missing data and insufficient detail on competition impacts. Union Pacific will report fourth-quarter results Jan. 27.
31 December 2025
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CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

CSX Delivers Earnings Surprise: Stock Jumps as New CEO Navigates Rail Merger Frenzy

CSX shares rose about 3% to $36–$37 after reporting adjusted Q3 profit of $0.44 per share, beating expectations. Revenue matched forecasts at $3.59 billion as higher intermodal volumes offset weak coal demand. Net income fell 22% year-over-year due to one-time charges. The report marked Steve Angel’s first quarter as CEO following a recent leadership shakeup.
17 October 2025
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CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

CSX CEO Abruptly Departs Amid Rail Merger Frenzy – What’s Next?

CSX named Steve Angel as its new President and CEO, effective Sept. 28, replacing Joe Hinrichs after investor pressure for leadership change and potential rail consolidation. The move follows hedge fund Ancora Holdings’ public criticism of CSX’s performance and calls for a merger. Angel previously led Praxair and Linde. The announcement comes as industry rivals Union Pacific and Norfolk Southern pursue an $85 billion merger.
29 September 2025
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