News

Analysis: UP-NS rail merger spotlights individual legacies in a legacy business

In a business as tightly coupled to its past as railroading, there is much at stake for several individuals in the proposed ...

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 ...
Jacksonville Daily Record11h

Analysts speculate BNSF may seek merger with Jacksonville-based CSX

BNSF is owned by Berkshire Hathaway Inc. “Such a deal might be an elephant-sized transaction that Berkshire CEO Warren ...
Trains3h

Report: Goldman Sachs advising BNSF on potential merger

News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online ...
International Railway Journal13h

Major US Class 1 merger proposed

US Class 1 Union Pacific is in early discussions to acquire fellow freight railway Norfolk Southern, according to The Wall ...

Rail companies in merger talks

Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the ...
Trains3d

Union Pacific floats transcon merger trial balloons: Analysis

Union Pacific appears to be using a familiar playbook that large, publicly traded companies trot out when considering mergers ...