Topic
railroads
2 stories related to this topic, newest first.
Andrew J. Russell / Adam Cuerden / Wikimedia (Public domain)politics19 hrs agoDeveloping
Surface Transportation Board to Decide on Union Pacific-Norfolk Southern Merger
The Surface Transportation Board is set to decide on a proposed merger between Union Pacific and Norfolk Southern railroads. The merger aims to link eastern and western rail networks for more efficient freight movement. Proponents state it could reduce costs and emissions by shif…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)finance5 days agoDeveloping
Union Pacific and Norfolk Southern File Amended Application for $72 Billion Merger
Union Pacific Corp. and Norfolk Southern Corp. filed an amended merger application on Thursday for their proposed $72 billion deal. The companies stated the merger would save shippers $3.5 billion annually. The application follows their initial proposal of the deal.