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U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it ...
One labor group warned that the merger would create a duopoly that would lead to higher freight costs, fewer service options ...
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Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail ...
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.
The proposed merger, announced Tuesday, would marry Union Pacific’s rail network in the West with Norfolk’s rails that snake across Eastern states. The nation was first linked by rail in 1869, when a ...
Union Pacific's proposed acquisition of Norfolk Southern would connect more than 50,000 miles of rail across 43 states, ...
Union Pacific said Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country's first coast-to-coast freight rail operator and reshape the movement of goods ...
A signal that the combined corporation is seen as capable of becoming something much greater than the headline number ...
SMART Transportation Division (SMART-TD), the largest rail labor organization in the U.S., tells CNBC it will oppose the proposed merger between freight rails Union Pacific and Norfolk Southern.
The 300-acre Hershey Rail Park has been officially designated as Nebraska's first Union Pacific (UP) Focus Site, marking a ...
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across ...
A Union Pacific locomotive at a rail yard in Milpitas, California, US, on Wednesday, July 5, 2023. Union Pacific Corp. is scheduled to release earnings figures on July 26.
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