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Berkshire Hathaway Deal for CSX Looks More Likely After Blockbuster Norfolk Southern-Union Pacific Railroad Merger

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 ...
Railway Age

BNSF, CSX Offering More, ‘Faster’ Coast-to-Coast Service

BNSF and CSX on Nov. 17 teamed to launch nine intermodal schedules from California to the Ohio Valley and the Northeast.
Morningstar

Berkshire Hathaway: Firm Has to Look at CSX Amid Union Pacific’s Interest in Norfolk Southern

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 ...
Morningstar

Berkshire Hathaway: Union Pacific’s Merger With Norfolk Southern Has Raised the Stakes for BNSF

Union Pacific UNP has announced an $85 billion deal to combine with Norfolk Southern NSC. We now believe that with a deal to create the a transcontinental US railroad on the table, Berkshire ...

Village says Norfolk Southern plan to stop trains poses threats to health and safety

In new court filings, the village of Voorheesville says the Norfolk Southern railroad is trying to bully its residents into ...
Seeking Alpha

Union Pacific reached out to CSX after pact with Norfolk - CNBC

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 ...
U.S. News & World Report

Union Pacific CEO Held Talks With Trump on $85 Billion Plan to Buy Norfolk

NEW YORK/WASHINGTON (Reuters) - Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad's proposed $85 billion buyout of Norfolk Southern Corp, ...
Railway Age

Class I Briefs: NS, CSX

NS on Aug. 12 reported bringing together 17 railroaders (see list above) to serve as its representatives at local events, “fostering relationships with community organizations and stakeholders.” ...
Virginia Business

CSX replaces CEO amid investor pressure, names Steve Angel

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
Boston Herald

Shareholders of Union Pacific, Norfolk Southern support $85 billion rail merger

OMAHA, Neb. (AP) — Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Teen brands win over ...
WTOP News

CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...