The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...

Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.

CSX Corp. (NASDAQ:CSX) ticked higher by 0.7% after a report that the railroad operator is working with Goldman Sachs to explore its options after its rivals announced a deal earlier this week. CSX has ...

Union Pacific acquires Norfolk Southern, forming the first U.S. transcontinental railroad. Read the latest stock analysis on ...

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The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.

Union Pacific CEO Jim Vena, who would lead the combined company, said the expanded railroad will more seamlessly get steel ...

Stagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for railroad ...

CSX Corporation has become a focal point of merger speculation as industry consolidation gains momentum in the U.S. railroad sector. The company's stock is attracting investor attention following ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

Union Pacific offers $20 billion cash and one share of its stock to buy Norfolk Southern Tuesday in a merger that could ...

(Reuters) -Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of ...