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Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter Grows
Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
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 ...
Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.
BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online ...
CSX experienced a tough second quarter and first half of 2025, compared to the prior-year’s periods, but saw some sequential ...
The rails sector is on high alert following reports that Union Pacific ( UNP) is focused on acquiring Norfolk Southern ( NYSE ...
The mounting buzz has put other rail operators on alert. CSX Corporation (NASDAQ: CSX ), the other major East Coast railroad, ...
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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