News

As much as cop shows are riveted by homicides, and tabloids by political and sex scandals, the railroad community is a river ...
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 ...
The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...
The 94-year-old billionaire investor told CNBC’s Becky Quick on the phone that no one from Goldman had talked to him or Greg ...
Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would ...
Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...
BNSF Railway hired Goldman Sachs to explore a potential railroad takeover, and CSX is in talks to bring on advisors, as Union ...
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
Two of the six largest Class 1 railroads are rumored to be seeking a merger to form the first-ever rail service network stretching from coast to coast.