Berkshire Hathaway Chairman and CEO Warren Buffett tells CNBC’s Becky Quick that despite reports, neither he nor Greg Abel ...

Sony to shed assets, Telefónica shifts, megabanks merge, and Chevron confirms layoffs — all part of this week's deal ...

Stagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for railroad ...

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Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.

The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...

According to Oliver Wyman, a consultancy, the share of intermodal goods in America that travel by rail on journeys longer ...

Key Points These three companies seem well-positioned to grow even further. Buffett also likes a simple low-fee solution: an ...

On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...

The mounting buzz has put other rail operators on alert. CSX Corporation (NASDAQ: CSX ), the other major East Coast railroad, ...

Warren Buffett's recent dismissal of Goldman Sachs’ advisory role in potential railroad mergers underscores his deep-seated ...

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