A coal train derailment north of Enfield, North Carolina, has been cleared, and Amtrak trains between the Northeast and Florida are getting back on schedule. CSX says 28 cars loaded with coal left the ...
OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
Train tracks are back in service in Halifax County days after a CSX train derailed near Enfield, canceling Amtrak train routes across the East Coast, including some routes to and from Raleigh. A CSX ...
The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. OMAHA, Neb. — The prospects for additional consolidation in the rail industry derailed this week when ...
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CSX Stock Drops Because Buffett Isn’t Interested in Rail Merger. It Has Wider Consequences.
Warren Buffett’s railroad, BNSF, might not be interested in creating a transcontinental railroad to compete with Union Pacific and Norfolk Southern, which announced merger plans in July. CSX investors ...
Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
The Union Pacific-Norfolk Southern merger talks have set the entire railroad industry in motion, forcing rivals BNSF and CSX into the spotlight. Activist investors and Wall Street expected a deal, but ...
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