CSX railroad’s profit slipped 14% in the second quarter even though the volume of shipments it delivered remained flat as it continued working on two major construction projects on its network.

On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...

As much as cop shows are riveted by homicides, and tabloids by political and sex scandals, the railroad community is a river ...

Warren Buffett's recent dismissal of Goldman Sachs’ advisory role in potential railroad mergers underscores his deep-seated ...

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

The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...

Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would ...

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.

(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...

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

Speculation has been growing about a large merger in the North American rail industry under the assumption that the ...

OMAHA, Neb — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that ...