CSX has reportedly enlisted Goldman Sachs to explore potential merger options, but declined to comment. Union Pacific’s $85 billion acquisition of Norfolk Southern has industry analysts speculating on potential responses from BNSF Railway and CSX. CSX’s CEO hinted at merger talks prior to the UP-NS deal. Activist investor Ancora suggests CSX could be a merger target if performance lags.

Read more at Yahoo Finance: CSX talks with investment bank about merger options