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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.
7d
Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter GrowsSpeculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
There has been speculation that Berkshire Hathaway could bid for CSX to protect its BNSF railroad as competing Union Pacific ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...
5don MSN
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
CSX and BNSF Railway recently completed the Florida National Guard’s largest rail deployment since World War II. CSX ...
Intermodal shipping, which involves two or more means of transportation for goods and accounted for 14% of its overall revenue in 2024, saw a 2% rise in volume during the quarter. CSX chief executive ...
CSX reports that service is resuming north of Spruce Pine, N.C., following Hurricane Helene; that its police agents are honored for heroic efforts during Human Trafficking Prevention Month; and that ...
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