The two occupants of the 50-year-old jet had departed Watertown, South Dakota, on the way to Fond du lac, Wisconsin, and climbed to 20,000 feet before making a rapid descent and crashing.

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

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

Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.

Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...

BNSF Railway has not engaged with investment bankers about a possible railroad merger, Berkshire Hathaway Chairman and CEO ...

The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...

The single-car merchandise business is central to plans of the largest rail carrier of intermodal, coal, and grain. The post ...

Berkshire Hathaway-owned BNSF isn't exploring a takeover of a rival railroad after a report earlier that the Warren ...

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 ...

Union Pacific Considering a Norfolk Southern Buyout, Report Says. Here’s What Will Matter. Union Pacific is in talks to merge ...

BNSF Railway carries more intermodal, coal, and grain traffic than any other railroad. And now it’s looking to boost its relatively small carload network through a combination of improved service, ...