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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.

Norfolk Southern budget maneuver adds $27M to SC Ports’ rail yard costs

A late-in-the-game demand by Norfolk Southern railroad is hiking the price of an already over-budget rail yard the South ...
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Norfolk Southern temporarily closing part of Ashley Phosphate Road railway crossing

Norfolk Southern is set to close part of a major railway in North Charleston for emergency repairs, significantly impacting ...

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 ...

Lawsuit blames Norfolk Southern, East Palestine train derailment for death of woman

The Estate of Cheryl Roush has filed a lawsuit against Norfolk Southern for $250,000 in damages related to her death, ...

BNSF Railway taps Goldman Sachs for railroad acquisition, sources say

Berkshire Hathaway-owned BNSF Railway is working with Goldman Sachs to explore the takeover of a rival railroad, two sources ...
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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 ...

The Score: Norfolk Southern, Citigroup, Nvidia and More Stocks That Defined the Week

The Score is a weekly review of the biggest stock moves and the news that drove them. The U.S. may be getting closer to a ...