News

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
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.
Stagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for railroad ...
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.
Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four ...
News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
CSX experienced a tough second quarter and first half of 2025, compared to the prior-year’s periods, but saw some sequential ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Union Pacific , the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern , ...