News

The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...
The railroads argue a merger would streamline deliveries of raw materials and goods nationwide by eliminating delays when ...
BNSF is already trailing Union Pacific in profitability, so the last thing it needs is to worsen its competitive position.
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion ...
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad ...
The deal will face lengthy regulatory scrutiny amid union concerns over potential rate increases, service disruptions and job ...
BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...