Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.

Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...

Norfolk Southern (NSC), and CSX Corp (CSX), are climbing on reports of railway mergers. Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett has denied reports from Semafor and Reuters that BNSF ...

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

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 ...

Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would ...

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...

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Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.

On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...