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One of the nation's largest carriers, C.R. England, throws its support behind the transcontinental rail merger, citing ...
Union Pacific's proposed acquisition of Norfolk Southern would connect more than 50,000 miles of rail across 43 states, ...
Commerce Secretary Howard Lutnick said he’d support consolidation as a means to make the US freight rail industry more ...
Union Pacific — which has a market value more than double Norfolk Southern’s — is headquartered in Omaha, Nebraska. But securing federal approval for a railroad merger is no easy task.
The proposed Union Pacific and Norfolk Southern transcontinental merger could lead to nearly 10% traffic growth by 2030 — a ...
Shares of Norfolk Southern, which has a market capitalization of about $61 billion, rose 4.4% after regular trading July 17 in New York. Union Pacific, valued at $136 billion, was up 0.2%.
Union Pacific and Norfolk Southern confirmed that they are in “advanced” merger talks that would create a single U.S railroad with service stretching from the East to the West Coast.
OMAHA, Neb. (AP/Atlanta News First) — Union Pacific and Atlanta-based Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond ...
Norfolk Southern and Union Pacific freight locomotives in Burnside, Ky. (Luke Sharrett/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] ...