CSX(US:CSX) Di Yi Cai Jing·2025-08-25 22:56Core Viewpoint - Warren Buffett stated that he does not intend to acquire another railroad company, despite speculation following Union Pacific's $85 billion acquisition plan for Norfolk Southern [1][3]. Group 1: Company Actions and Statements - Buffett met with CSX CEO Joseph Hinrichs to discuss potential collaborations to improve freight efficiency, clarifying that they would not pursue a CSX acquisition [1]. - Berkshire Hathaway owns BNSF, which Buffett began acquiring in 2007, ultimately purchasing 77.4% of the company for $44 billion, including $10 billion in debt [1][2]. - BNSF and CSX recently announced a partnership to provide new coast-to-coast rail services, enhancing cargo transportation efficiency without delays [1]. Group 2: Financial Implications - Berkshire Hathaway's cash balance stands at $347 billion, while CSX's market value is $65 billion [3]. - Following Buffett's comments, CSX's stock price fell over 4%, with Union Pacific and Norfolk Southern also experiencing declines of over 2% [3].