Union Pacific says the $85 billion merger would serve the public interest and win federal approval by unclogging Chicago, the cradle of American railroading and still its biggest and most notorious ...
Dec 22 (Reuters) - A rail workers' union on Monday opposed Union Pacific's (UNP.N), opens new tab proposed $85 billion acquisition of Norfolk Southern (NSC.N), opens new tab, warning that the deal ...
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 proposed $71.5 billion merger between Union Pacific UNP-0.66%decrease; down pointing triangle and Norfolk Southern NSC-0.99%decrease; down pointing triangle to form a coast-to-coast railroad run ...
When large railroads combine it can mean job losses or major changes for workers who may be asked to relocate or shift roles ...
If regulators approve its merger with Norfolk Southern, competitors warn that Union Pacific could turn the city of Chicago into a hammer for seizing even more control of the industry. Their concern ...