Freight railroads could be forced to allow competing railroads to serve some customers along their tracks if federal regulators approve a new rule. The Surface Transportation Board’s proposed rule would only apply to certain companies that don’t have many shipping options. The companies that have been fighting for this change since 2011 praised Wednesday’s announcement…

Canadian Pacific reportedly approached the CSX railroad about a possible merger earlier this year while it continued to pursue its proposed takeover of rival Norfolk Southern. The latest overture to Jacksonville, Florida-based CSX was first reported by The Wall Street Journal. Canadian Pacific first contacted CSX in the fall of 2014 about a potential deal…