Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
Deal would create US transcontinental freight giant STB's regulatory review expected to take 16 months after filing Trump admin's antitrust shift enables deals seen before as no-go Unions plan to ...
Railroad giants Union Pacific and Norfolk Southern formally sought federal approval Friday for a seismic merger that would change how freight moves across the region and continent. “This is huge,” the ...
OMAHA, Nebraska & ATLANTA--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today filed an application with the Surface Transportation Board (STB) ...
The agreement comes as Union Pacific seeks federal approval for its merger with Norfolk Southern railroad. Amtrak has settled a dispute with Union Pacific over delays to one of Amtrak’s long-distance ...
USA: Union Pacific and Norfolk Southern have formally applied to the Surface Transportation Board seeking approval of their proposed merger.
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states. By Peter Eavis Union Pacific, a freight rail giant, announced on Tuesday that it had ...
The speculation is over: Union Pacific and Norfolk Southern at 7:00 AM EDT announced their agreement to, in a combined cash and stock transaction valued at more than $250 billion, merge and create the ...
To make money on its proposed cross-country railroad, Union Pacific plans to double the number of trains on a 2-mile stretch of track on Chicago’s West Side where workers still throw switches by hand ...
Creating America’s First Transcontinental Railroad: Union Pacific and Norfolk Southern’s STB Merger Application Details Enhancements to Competition and Public Benefits Union Pacific Corporation (NYSE: ...