Transportation Secretary Elizabeth Dole says she’s not impressed with an investor group’s bid to purchase Conrail. A lot of others, including Sens. John Heinz and Arlen Specter of Pennsylvania, are – ...

A New York investment firm, proposing a public offering of Conrail stock, yesterday exchanged congressional hot seats with its competitor, Norfolk Southern Corp., in selling its proposal as the better ...

The Reagan administration Wednesday defended its antitrust study of the proposed sale of Conrail to Norfolk Southern Corp. before a Senate panel that predicted the administration faces ”a long and ...

A proposal to sell Conrail to an investment group is gaining support, although a congressional stalemate persists over whether the federally owned freight line should be sold to the investors or to ...

A proposal to sell Conrail to an investment group is gaining support, though a congressional stalemate persists over whether the federally owned freight line should be sold to the investors or to ...

If you owned a business that had $6 billion in assets and $800 million in cash, turned a $500 million profit last year and earned $210 million in the first half of 1985 — would you sell it for $1.2 ...

Conrail, the government-owned freight carrier, said Tuesday it expects net income of $440 million for 1985, compared with the record $500 million it earned in 1984. Stanley Crane, chairman and chief ...

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 ...