CSX Corp. and Conrail yesterday revealed plans to build a $25 million east-west connection facility at Perryville, northeast of Baltimore, if a merger between the two rail giants is approved. The ...

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 ...

Norfolk Southern Corp. is negotiating with CSX Corp. to buy as much as 60 percent of Conrail Inc.’s assets, which would require Norfolk Southern to pay $525 million more than originally expected, ...

The new owners of Consolidated Rail Corp. said Wednesday their plan to divide the U.S. Northeast’s primary railroad won’t create freight logjams similar to those in the western part of the country.

It may be the largest breakup of a railroad in U.S. history, but the dismemberment of Consolidated Rail Corp. could turn out to be good for Chicago, the nation’s historic rail center. Filings with the ...

Norfolk Southern Corp. heads into federal court today in another attempt to foil CSX Corp.’s proposed $9.02 billion acquisition of Conrail Inc., in what may be a critical turning point in the heated ...

Freight trains will stop deliveries to businesses in the Quakertown area any time after next Friday, a Conrail spokesman said Thursday. The federal Surface Transportation Board has approved Conrail’s ...

A sudden stop sent part of a freight train off the tracks, closing down the track for most of Saturday. The two people on the 96-car Conrail train – an engineer and conductor – were not injured.

Norfolk Southern Corp. lost a bid to have the Surface Transportation Board strike down an agreement that prevents Conrail Inc. from discussing a merger with anyone other than friendly suitor CSX Corp.

PHILADELPHIA — Conrail managers who lose their jobs when the Philadelphia-based railroad is carved up next year will receive up to two years of severance pay, plus enhanced pension and stock benefits ...