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A signal that the combined corporation is seen as capable of becoming something much greater than the headline number ...
Commerce Secretary Howard Lutnick said he’d support consolidation as a means to make the US freight rail industry more ...
Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant based on their current market capitalizations.
The proposed merger on Tuesday of Union Pacific and Norfolk Southern would create the first coast-to-coast railroad in the United States that would be controlled by a single entity. The deal, value… ...
Union Pacific is all set to acquire Norfolk in a landmark deal. Union Pacific Corp agreed to acquire Norfolk Southern Corp in a cash-and-stock transaction valued at $85 billion.
The proposed merger, announced Tuesday, would marry Union Pacific’s vast rail network in the West with Norfolk’s rails that snake across 22 Eastern states, and the District of Columbia.
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 ...
Union Pacific CEO Jim Vena, who would lead the combined company, said the expanded railroad will more seamlessly get steel from Pittsburgh to its destinations.
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 ...
While Union Pacific is double the size, Norfolk Southern operates the 960-acre Brosnan Yard in downtown Macon.
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