CSX Corporation (NASDAQ:CSX) (CSX) and BNSF today announced several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solutions to ship between the western and eastern U.

CSX and Berkshire Hathaway -owned BNSF on Friday announced new coast-to-coast services, a move that strengthens their freight connectivity but that tempers market expectations of an imminent merger between the two rail giants.

A partnership between CSX Corp. (NASDAQ:CSX) and Berkshire Hathaways' (NYSE:BRK.B) BNSF isn't a replacement for an eventual combination of the two railroads, according to an Evercore ISI analyst. "New service collaborations do not have to be mutually exclusive with an eventual merger,