News

BNSF Tied to Possible CSX Takeover as US Rail Merger Chatter Grows

Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.

BNSF hires Goldman, CSX seeks bankers as Union Pacific sparks rail M&A race, sources say

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
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Report: Goldman Sachs advising BNSF on potential merger (updated)

News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online ...

Potential Rail Merger Could Prompt Berkshire Hathaway to Bid for CSX

Berkshire might see a bid for CSX as a defensive maneuver if its chief rival, Union Pacific, seeks to create a ...
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Why CSX (CSX) Stock Is Up Today

Shares of freight rail services provider CSX (NASDAQ:CSX) jumped 4% in the pre-market session after the company's stock rose ...

Buy these stocks as railroad-merger talk heats up, analyst says

CSX’s stock has been upgraded at TD Cowen, which sees the railroad operating benefiting from consolidation in the rail sector ...