The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states. By Peter Eavis Union Pacific, a freight rail giant, announced on Tuesday that it had ...
The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two of their biggest unions that represent more than half their workers because they're worried ...
If the deal is approved, the two remaining major American railroads — BNSF and CSX — will face competitive pressure to merge as well. The continent’s two other major railroads — Canadian National and ...
Transaction to transform the U.S. supply chain and economy; strengthen domestic manufacturing; and preserve union jobs Two legendary railroads enter agreement to combine in stock and cash merger, ...
The speculation is over: Union Pacific and Norfolk Southern at 7:00 AM EDT announced their agreement to, in a combined cash and stock transaction valued at more than $250 billion, merge and create the ...
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 ...
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