The Surface Transportation Board ruled the document is “incomplete.” The companies must refile with additional information.
A proposed merger between Atlanta-based Norfolk Southern and Nebraska-based Union Pacific has hit a roadblock after federal ...
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.
Norfolk Southern deal could create the first transcontinental railroad, $3B synergies, EPS upside. Read more macro analysis ...
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) ...
Between 1863 and 1869, the first transcontinental line, known as the Pacific Railroad, was built in the United States. The line ran from Omaha, Nebraska, to Sacramento, California, and carried ...
The Union Pacific Railroad announced last week in a press release that it has reached an $85 billion agreement to acquire rival Norfolk Southern, creating what will be the first coast-to-coast freight ...
This week marks 163 years since Cruz first broke ground on the first transcontinental railroad, and it all started here in what's now old Sacramento. And joining us this morning, we have Ty Smith from ...
OMAHA, Neb. — 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 mergers ...
A new agreement between two railroad giants, Union Pacific Corporation and Norfolk Southern Corporation, will create America’s first transcontinental railroad, to be called the Union Pacific ...
Two of the largest U.S. 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.