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Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
BNSF Railway hired Goldman Sachs to explore a potential railroad takeover, and CSX is in talks to bring on advisors, as Union ...
Find insight on Canada’s automotive industry, Canada’s railroads, Southwest Airlines and more in the latest Market Talks covering Auto and Transport.
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
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.
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...
BNSF is owned by Berkshire Hathaway Inc. “Such a deal might be an elephant-sized transaction that Berkshire CEO Warren ...
UNP and NSC are in early merger talks, eyeing a historic West-to-East freight line. However, regulatory hurdles loom large.
This is obviously the topic of the day, with lots of different aspects to it. Given this is an operations and service report, ...
As Union Pacific eyes a huge merger with Norfolk Southern, can history help teach the impact in the new gilded age?
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