News

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
(Reuters) -Berkshire Hathaway-owned BNSF Railway is working with Goldman Sachs to explore the takeover of a rival railroad, two sources familiar with the matter told Reuters on Monday.
Two of the six largest Class 1 railroads are rumored to be seeking a merger to form the first-ever rail service network stretching from coast to coast.
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...
CSX’s stock has been upgraded at TD Cowen, which sees the railroad operating benefiting from consolidation in the rail sector ...
Rival rail operators CSX Corp. and Union Pacific Corp. on Thursday both reported third-quarter results that beat estimates, helped by higher prices and the fuel surcharges they tack on to offset ...
As he approached his final days in recent weeks, Ross E. Rowland could look back secure in the knowledge that U.S. steam — ...
Speculation has been growing about a large merger in the North American rail industry under the assumption that the ...
OMAHA, Neb — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that ...
Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the ...