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

CSX railroad’s profit slipped 14% in the second quarter even though the volume of shipments it delivered remained flat as it continued working on two major construction projects on its network.

While peers—especially Canadian Pacific—have caught up over the years, Canadian National was long the Class I railroad with the highest margin (lowest operating ratio) because it was the precision ...

As much as cop shows are riveted by homicides, and tabloids by political and sex scandals, the railroad community is a river ...

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

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

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 ...

News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online ...

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

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.

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