US EditionA $250bn Rail Merger Could Help Put US Logistics on Track
3 Articles
3 Articles
Major US rail freight carriers Union Pacific and Norfolk Southern are in talks about a possible merger, Reuters reports, citing sources. Union Pacific is the largest freight carrier on the US rail network and is reportedly interested in acquiring the smaller Norfolk Southern.
Morning Business Report: Builder struggles, Netflix momentum, potential rail merger 41NBC News
(LILAMAX)- It’s a challenging season for the U.S. housing market, as homebuilders continue to face headwinds. Builder confidence has remained in negative territory for 15 straight months, prompting more aggressive sales strategies. According to the National Association of Home Builders, 38% of builders reported cutting home prices in July — the highest level since the group began tracking the metric in 2022. In addition to slashing prices, many …
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