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The U.S. freight rail industry is poised for a groundbreaking shift with Berkshire Hathaway eyeing a CSX acquisition.
Berkshire Hathaway is a resilient investment with strong cash reserves, defensive value, and growth potential. Click here to ...
A merger between Norfolk Southern and Union Pacific would create a coast-to-coast rail operator, something that doesn’t exist in the US.
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...
Now that Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have confirmed they are in advanced merger talks, all eyes are on CSX (NASDAQ:CSX) and whether it might also consider a merger.
Union Pacific, the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern, ...
According to Oliver Wyman, a consultancy, the share of intermodal goods in America that travel by rail on journeys longer ...
Warren Buffett's recent dismissal of Goldman Sachs’ advisory role in potential railroad mergers underscores his deep-seated ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...