The ball is in Berkshire Hathaway CEO Warren Buffett’s court after Union Pacific reached a deal Tuesday to buy Norfolk Southern for $85 billion to create the first transcontinental railroad. The ...
We’ve always considered a tie-up between one of the two main western railroads (BNSF or Union Pacific) with one of the two main eastern railroads (CSX or Norfolk Southern) to be strategically ...
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Union Pacific (UNP) reached out to CSX Corp. (NASDAQ:CSX) only after it had reached an exclusive pact with Norfolk Southern (NSC). "CSX never had an opportunity to talk with UNP," CNBC's Becky Quick ...