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BNSF hires Goldman, CSX seeks bankers as Union Pacific sparks rail M&A race, sources say
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
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Could A Railroad Merger Be Building Steam?
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.
Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover
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 ...
Repairs complete on Eddy St. bridge as city, Union Pacific await safety inspection
With repairs complete, the Eddy Street bridge is in the final stages before it will be opened up to traffic. “The bridge repair included replacement of a pier cap beam and added support under the ...
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Union Pacific: Major railroad posts record earnings, spends more on ...
Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year ...
Berkshire Hathaway May Have Stepped Up Its Role in Potential Railroad Mergers
The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...
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Union Pacific Corporation (UNP): I Like The Company, Says JIm Cramer
We recently published Jim Cramer Discusses These 10 Stocks & AI-Led Disinflation. Union Pacific Corporation (NYSE:UNP) is one of the stocks Jim Cramer recently discussed. Union Pacific Corporation ...
Buy these stocks as railroad-merger talk heats up, analyst says
CSX’s stock has been upgraded at TD Cowen, which sees the railroad operating benefiting from consolidation in the rail sector ...