Warren Buffett just told CNBC his plan for trains. The stocks are moving
Warren Buffett spoke on May 3, 2025 at the Berkshire Hathaway in Nebraska, Omaha, at an annual shareholders’ meeting.
CNBC
Warren Buffet, not on the market to buy another railway, but CNBC’s statement with Becky Quick on Monday, met with CSX CEO and discussed more cooperation.
Buffett and Greg Abel met with CSX CEO Joseph Hinrichs in Omaha on August 3, without any consultant. They believed that they would not offer Hinrichs a bid for CSX, but they could cooperate more and get some of the same benefits from combining the two companies.
CSX shares fell more than 5% in the news. Buffett’s comments come after BNSF and CSX announced the railway services from the new beach to the shore on Friday.
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