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Warren Buffett derails BNSF Railway merger speculations
The main rail company serving southwest Missouri says it’s not entertaining the possibility of merging with another railroad. In recent weeks, industry analysts predicted that BNSF Railway would seek to purchase CSX Transportation to create a new coast-to-coast rail carrier.
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CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a deal
The prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said ...
BNSF and CSX on Aug. 22 reported partnering on “several new intermodal service products that will offer customers seamless, ...
CSX may also be responding to activist pressure, the TD Cowen analysts said. Ancora Holdings has been pushing CSX to either ...
Canadian Pacific Kansas City CP-T +3.71% joined Warren Buffett’s BNSF Railway on Tuesday in publicly rejecting participation ...
BNSF Railway Co.’s planned multibillion-dollar rail hub project north of Phoenix has more hurdles to face as a vote was ...
Canadian Pacific and BNSF Railway reject major mergers, opting for partnerships instead. The decision affects Union Pacific's ...
Union Pacific and Norfolk Southern spark merger talks, but BNSF and CSX unveil a game-changing partnership. Read my two cents ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
BNSF Railway and CSX today announced an intermodal partnership that will offer seamless domestic coast-to-coast service, plus new international service linking BNSF’s Kansas City terminal with ...
Yahoo Finance's John Hyland tracks Friday's top moving stocks and biggest market stories in this Market Minute: new ...
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