Union Pacific and Norfolk Southern have announced a proposed merger to form the United States’ first coast-to-coast freight railway. The transaction, subject to regulatory and shareholder approval, ...

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

A merger between Union Pacific and Norfolk Southern would be a huge concentration of market power, limiting competition.

Last month, Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76-billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer ...

July 31, 2025 - On Thursday, Eno Center issued a report entitled “Freight Rail for the 21st Century: Opportunities for Mode ...

When the company announced plans in late 2018 to relocate to Atlanta from Virginia, there appeared to be nothing but clear tracks ahead.