The longer it takes for Congress to approve the sale of Conrail, the higher the price seems to rise, but the price still is not right, a key House member said yesterday. The House Energy and Commerce ...

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 ...

Norfolk Southern Corp. Friday bowed to Transportation Secretary Elizabeth Dole and increased its bid for Conrail to $1.9 billion from $1.2 billion. Dole had urged Norfolk Southern earlier this week to ...

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 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 ...

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 ...