Regulators will decide whether a merger of Union Pacific and Norfolk Southern would improve shipment times or stifle competition. A decision is expected in 2027. By Peter Eavis The two freight rail ...
To make money on its proposed cross-country railroad, Union Pacific plans to double the number of trains on a 2-mile stretch of track on Chicago’s West Side where workers still throw switches by hand ...
Union Pacific Corporation remains unattractive versus Treasuries due to valuation and risk-adjusted return profile. UNP trades at a 67% premium to the S&P 500 on sales, with high embedded growth ...
Dec 17 (Reuters) - The Teamsters union said on Wednesday it opposes the proposed merger between U.S. freight railroads Union Pacific (UNP.N), opens new tab and Norfolk Southern (NSC.N), opens new tab.
Union Pacific UNP-3.91%decrease; red down pointing triangle and Norfolk Southern NSC-2.42%decrease; red down pointing triangle filed an application with the Surface Transportation Board requesting ...
Dec 19 (Reuters) - Union Pacific (UNP.N), opens new tab and Norfolk Southern (NSC.N), opens new tab on Friday filed an application with the U.S. transport regulator to review their $85 billion ...
Union Pacific Corporation (UNP) and Norfolk Southern Corporation (NSC) formally asked the Surface Transportation Board to approve the merger between the two railroad giants to create the first ...
A Union Pacific freight train travels along the tracks in Eloy, Ariz., on April 17. Union Pacific CEO Jim Vena has argued that creating a railroad that stretches from coast to coast would be good for ...
Rail giants Union Pacific and Norfolk Southern on Friday filed a nearly 7,000-page application to the Surface Transportation Board seeking approval for a merger that would create the first ...
An attempt to create the nation’s first coast-to-coast railroad merger is underway, as leaders from the Norfolk Southern and Union Pacific officially filed paperwork Friday and are now making their ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The project will be one of ...
Dec 22 (Reuters) - A rail workers' ‌union on Monday opposed ‌Union Pacific's proposed $85 billion acquisition of Norfolk Southern, warning that the deal could undermine safety and impact ‍the ...