Freight Railroads

1-10 of 53 results

Crash of 2 freight trains kills 1 near Pittsburgh

AP News 11 hours ago

2 freight trains crash near Pittsburgh; 1 dead, some diesel fuel leaked into creek Two freight trains owned by a U.S. Steel subsidiary crashed near a Pittsburgh-area plant early Tuesday, killing one person and causing cars on one train to derail. The ...

Union Pacific CEO seeing signs of better business

AP News 4 days ago

Union Pacific CEO seeing signs of business strength, some good indications for economy The CEO of Union Pacific said Friday that shipments carried by the nation's biggest railroad are stronger than expected this year, but are still a long way from full ...

Rep. Gubernatorial Candidate Meg Whitman Tours Union Pacific Rail Terminal

Getty Images 7 days ago

OAKLAND, CA - MARCH 09: California republican gubernatorial candidate and former eBay CEO Meg Whitman (R) looks at a map with Union Pacific VP of Public Affairs Scott Moore (L) following a roundtable discussion following a tour of the Union Pacific rail ...

Calif Governor Race Whitman

AP News 7 days ago

Meg Whitman, who is running for governor of California, attends a meeting at the Union Pacific railroad offices in Oakland, Calif., Tuesday, March 9, 2010. (AP Photo/Paul Sakuma) Copyright 2010 AP News

Buffett's Berkshire to buy Santa Fe railway

AFP Global Edition 20 days ago

<div><p>Billionaire investor Warren Buffett unveiled Tuesday a 44-billion-dollar "huge bet" on the US economic future with a bid for the shares it does not already own in Burlington Northern Santa Fe railway.</p><p>Buffett's Berkshire Hathaway holding group said it would purchase the remaining ...

Warren Buffett's Berkshire to buy railroad

AFP Global Edition 20 days ago

<div><p>Warren Buffett unveiled Tuesday a deal to take over Burlington Northern Santa Fe, one of the largest rail operators in North America, calling it a huge bet on the future of the US economy.</p><p>The billionaire investor's Berkshire Hathaway holding group said it ...

Buffett adds rails to his investment 'masterpiece'

AP News 20 days ago

<div id="subtitle">Buffett bets big with Burlington Northern _ latest piece of his investment 'masterpiece'</div><div><p>Billionaire Warren Buffett likes to compare his company to a masterpiece that he's been painting for nearly five decades, and the deal he announced Tuesday will permanently alter the ...

Pacer in deal with UP Railroad; makes 3Q profit

AP News 20 days ago

<div id="subtitle">Pacer Int'l shares soar 20 percent as co. settles Union Pacific dispute, turns 3Q profit</div><div><p>Shares of Pacer International Inc. jumped nearly 20 percent in Tuesday aftermarket trading after the logistics services provider said it has resolved a dispute with Union Pacific ...

Buffett to buy BNI, pays a full and fair price (BNI, BRK.A, BRK.B)

AlphaNinja 20 days ago

Warren Buffett's Berkshire Hathaway announced a deal to purchase the 77.4% of Burlington Northern Santa Fe (BNI) he doesn't already own, for $100 per share. That represents a healthy 32% premium to the railroad's closing price yesterday. BNI shares are trading premarket ...

Mont. political, ag leaders react to BNSF purchase

AP News 20 days ago

<div id="subtitle">Mont. political, ag leaders hope Berkshire's purchase of BNSF lead to lower shipping costs</div><div><p>Montana political and agricultural leaders hope Berkshire Hathaway's planned purchase of the Burlington Northern Santa Fe railroad will lead to lower shipping costs in Montana, but they doubt ...

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