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CSX Won't Rule Out M&A

Sourcing Journal on MSN · 1d

As Union Pacific and Norfolk Southern Confirm Merger Talks, CSX Won’t Rule Out M&A

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

CNBC on MSN · 2d

CSX CEO on potential threat from the Union Pacific-Norfolk Southern merger

CNBC's Morgan Brennan talks with Joe Hinrichs, CSX CEO, to discuss how the company is thinking about a potential merger between Union Pacific and Norfolk Southern, whether a merger would pose competitive threat if CSX remains independent,

Reuters on MSN · 2d

Union Pacific talks advance, regulator readies for historic rail merger review

Union Pacific , the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern , signaling that a deal to form a $200 billion coast-to-coast rail company could be close - and potentially trigger further consolidation among remaining freight rail giants.

3don MSN

CSX CEO signals he would be open to merger talks as profit falls 14% in the second quarter

CSX railroad's CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the ...

CSX won’t rule out merger options

CSX may not be out shopping for a merger partner, but the railroad will consider proposals that would raise shareholder value ...

Sourcing Journal on MSN4d

BNSF Tied to Possible CSX Takeover as US Rail Merger Chatter Grows

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

Jacksonville Daily Record2d

With CSX in merger spotlight, CEO says company focused on operations

Joe Hinrichs says the company won’t comment on speculation, It cut 77 managerial jobs in Jacksonville on weak freight trends.

2d

Is CSX Poised For The Last Railroad Consolidation? (Earnings Review)

CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...

4don MSN

BNSF hires Goldman, CSX seeks bankers as Union Pacific sparks rail M&A race, sources say

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

Report: Goldman Sachs advising BNSF on potential merger (updated)

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

5don MSN

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.

2d

CSX Corporation: Consider Taking Profits At The Top Of A Trading Range

CSX Corporation's Q2 earnings were mixed, with revenue down 3.4% year-over-year but operational efficiency improving ...

1d

Could massive rail merger impact the Ozarks’ main carrier?

Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four ...

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