Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
Union Pacific and Norfolk Southern confirmed that they are in “advanced” merger talks that would create a single U.S railroad with service stretching from the East to the West Coast. Young homebuyers ...
Union Pacific wants 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 the ...
Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals ...
(Reuters) -Union Pacific said it expects to submit papers for its $85 billion merger with Norfolk Southern to a regulator as soon as end-November, after the railroad operator on Thursday topped Wall ...
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, valued ...
Thirty-five cars of a Union Pacific train derailed Tuesday afternoon near a small Texas town, officials said. No injuries were reported and no evacuations have been ordered following the afternoon ...