News

Union Pacific (UNP) reached out to CSX Corp. (NASDAQ:CSX) only after  it had reached an exclusive pact with Norfolk Southern ...
By Sabrina Valle (Reuters) -Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad ...
Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes ...
CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied rumors of potential railroad acquisitions, ending ...
Unlike highway bridges, which are inspected by government agencies, railroad bridges are inspected by railroads themselves.
Canadian Pacific Kansas City said today that Class I railroad mergers are not necessary and that it isn’t interested in ...
A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety ...
BNSF Railway wants to date CSX — but has no interest in getting married. Five days after Union Pacific announced its $85 ...
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
Oil has been big business here for nearly 100 years, and thousands upon thousands of older oil wells have long since dried up ...
The decline followed comments from Buffett to CNBC’s Becky Quick, stating that Berkshire Hathaway is "not in the market to buy a train company." Buffett specifically indicated that bids for Union ...
One labor group warned that the merger would create a duopoly that would lead to higher freight costs, fewer service options ...