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

BNSF is already trailing Union Pacific in profitability, so the last thing it needs is to worsen its competitive position.

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

CSX Corp. is working with Goldman Sachs Group Inc., people familiar with the matter said, as the company explores options to ...

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

The U.S. freight rail industry is poised for a groundbreaking shift with Berkshire Hathaway eyeing a CSX acquisition.

While Warren Buffett downplays merger rumors, Berkshire Hathaway can't ignore the strategic benefits of linking with CSX. With over $330 billion ready to deploy, snagging CSX would barely dent ...

Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion ...

The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...

Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...

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