News

Are We Sure CSX And BNSF Are Playing It Wrong?

The Union Pacific–Norfolk Southern merger talks have set the entire railroad industry in motion, forcing rivals BNSF and CSX ...

Auto & Transport Roundup: Market Talk

Find insight on Great Wall Motor, Alaska Air, Yadea and more in the latest Market Talks covering auto and transport.

U.S. railroads go off the rails in race to compete with Canadian rivals

To better compete with Canada’s transcontinental railroads, efficiencies within the trucking industry, and to capitalize on a ...

CSX Stock Drops Because Buffett Isn’t Interested in Rail Merger. It Has Wider Consequences.

In the game of musical merger chairs, CSX might be left without a partner. That could be a problem for the stock.

Stock Index Futures Fall as Fed Independence Concerns Resurface, U.S. Economic Data on Tap

September S&P 500 E-Mini futures (ESU25) are down -0.16%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.19% ...
Trains4h

CPKC: Railroads should focus on interline partnerships, not mergers

Canadian Pacific Kansas City said today that Class I railroad mergers are not necessary and that it isn’t interested in ...

Union Pacific reached out to CSX after pact with Norfolk - CNBC

Union Pacific ( UNP) reached out to CSX Corp. ( NASDAQ: CSX) only after it had reached an exclusive pact with Norfolk ...
Barchart on MSN7h

Stock Index Futures Muted With Fate of Fed’s Cook in Focus, U.S. Economic Data on Tap

September S&P 500 E-Mini futures (ESU25) are down -0.06%, andSeptember Nasdaq 100 E-Mini futures (NQU25) are down -0.11% this ...
TipRanks on MSN19h

Berkshire Hathaway (BRK.B) Has No Plans to Buy Another Railroad, Says Warren Buffett

Berkshire Hathaway ( BRK.B) has no plans to acquire another railroad, says company CEO Warren Buffett. Take advantage of ...
Sourcing Journal on MSN19h

Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services

Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes ...

Berkshire Isn’t in Market for Railroad Deal, Buffett Says (1)

Warren Buffett ’s Berkshire Hathaway Inc. isn’t in the market for a deal to buy a competing railroad. Buffett told CNBC on Monday that he met with the CSX Corp. chief executive officer earlier this ...