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.
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 and BNSF Railway recently completed the Florida National Guard’s largest rail deployment since World War II. CSX ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
The rails sector is on high alert following reports that Union Pacific ( UNP) is focused on acquiring Norfolk Southern ( NYSE ...
CSX reports that service is resuming north of Spruce Pine, N.C., following Hurricane Helene; that its police agents are honored for heroic efforts during Human Trafficking Prevention Month; and that ...