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Berkshire Hathaway May Have Stepped Up Its Role in Potential Railroad Mergers

The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...

Lawsuit blames Norfolk Southern, East Palestine train derailment for death of woman

The Estate of Cheryl Roush has filed a lawsuit against Norfolk Southern for $250,000 in damages related to her death, ...

Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover

The 94-year-old billionaire investor told CNBC’s Becky Quick on the phone that no one from Goldman had talked to him or Greg ...
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Could A Railroad Merger Be Building Steam?

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.

Norfolk Southern budget maneuver adds $27M to SC Ports’ rail yard costs

A late-in-the-game demand by Norfolk Southern railroad is hiking the price of an already over-budget rail yard the South ...
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Norfolk Southern temporarily closing part of Ashley Phosphate Road railway crossing

Norfolk Southern is set to close part of a major railway in North Charleston for emergency repairs, significantly impacting local traffic. The railroad crossing on ...
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Norfolk Southern CEO says he’s ‘deeply sorry’ for train ...

Norfolk Southern CEO Alan Shaw testified before the Senate on what steps the railway is taking after the train derailment in East Palestine, Ohio.

Buy these stocks as railroad-merger talk heats up, analyst says

CSX’s stock has been upgraded at TD Cowen, which sees the railroad operating benefiting from consolidation in the rail sector ...