News

Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
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 ...
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., ...
Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four ...
Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union Pacific bid for NSC likely results in a BNSF bid for ...
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, ...
On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...