Railroad

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X @Bloomberg
Bloomberg· 2025-07-28 17:21
New York’s MTA is considering a request by Connecticut for a combined 10% fare hike on its portion of the Metro-North Railroad https://t.co/cFtOVaG7hj ...
Warren Buffett denies report Berkshire is talking to Goldman about rail merger
CNBC Television· 2025-07-25 23:58
Okay, we've got some breaking news for you this morning. There was a report that we mentioned earlier that came from Semifford that said Berkshire Hathaway owned railroad BNSF had been working with Goldman Sachs and was looking into a takeover of a rival railroad. We can report that that is not true, at least not true in terms of speaking to anyone important at Berkshire Hathaway who would be making a decision on this.uh just got off the phone with Warren Buffett who said he called Greg Ael and no one from ...
X @Bloomberg
Bloomberg· 2025-07-25 12:20
The US railroad industry has sought consolidation for decades. For Union Pacific and CEO Jim Vena, the stars are finally aligning https://t.co/zTIVICN4ec ...
CSX CEO Joe Hinrichs on railroad M&A speculation
CNBC Television· 2025-07-24 19:00
Mergers & Acquisitions Speculation - CSX acknowledges rumors and intelligence regarding advanced discussions between Union Pacific and Norfolk Southern [1] - CSX is not commenting on speculation around conversations with BNSF about a similar tie-up [3] - CSX believes it is in a strong position and is proud of its operating results, enabling conversations about serving shareholders better [4] Competitive Positioning & Strategy - CSX expresses pride in its competitive position as the strongest railroad in the east, highlighting its market value [2] - CSX is excited about participating in conversations that create value for shareholders, customers, and employees, focusing on profitable growth [2] - The company emphasizes its ability to compete and adapt, leveraging its network regardless of how potential mergers play out [6] Operational Improvements - The conversation revolves around increasing fluidity and ease of transition at interchange points, with multiple approaches possible [5]
X @Bloomberg
Bloomberg· 2025-07-24 16:32
Union Pacific Nears Norfolk Deal to Create $200 Billion Railroad. Listen for more on Bloomberg Intelligence. https://t.co/BKEucZvCgL ...
CSX CEO on potential threat from the Union Pacific-Norfolk Southern merger
CNBC Television· 2025-07-24 15:34
CNBC's Morgan Brennan talks with Joe Hinrichs, CSX CEO, to discuss how the company is thinking about a potential merger between Union Pacific and Norfolk Southern, whether a merger would pose competitive threat if CSX remains independent, and much more. ...
X @Bloomberg
Bloomberg· 2025-07-23 21:30
The SEC dropped its probe of CSX's previously reported accounting errors and certain non-financial metrics, the company disclosed on Wednesday https://t.co/Q4ZCzyA2dC ...
X @Bloomberg
Bloomberg· 2025-07-22 20:46
Canadian National Railway lowered its earnings guidance for 2025 and removed its outlook for next year entirely as the trade war rattles key economic sectors https://t.co/SP8RAEkUfU ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-17 20:40
Exclusive: Union Pacific is in talks to acquire its smaller rival Norfolk Southern in what would be a megamerger in the railroad industry https://t.co/3yhe3dKNBM ...
X @Investopedia
Investopedia· 2025-07-17 19:00
Union Pacific is reportedly considering acquiring a rival railroad, sending shares of CSX and Norfolk Southern higher. https://t.co/ObiDpIWemr ...