Union Pacific is set to acquire Norfolk Southern (NSC), creating the first transcontinental railroad giant and fundamentally shifting US rail transport. The merger offers UNP significant competitive ...
Thumbs twiddled: Meanwhile, San Antonio is requesting the state grant them an exemption on the anti-rainbows rule and let the city keep their colorful crossing. Why didn’t Houston do that? Thumbs up: ...
Since 2020, Class I railroads have acquired more than 3,000 miles of trackage from short line and regional carrier—some of ...
Earlier this year two of America’s largest railroads – Union Pacific and Norfolk Southern – announced their intention to merge. If approved by the government, the combined entity wou ...
Union Pacific Chief Executive Jim Vena defended the railroad's merger on an earnings call Thursday. (Jeff Kowalsky/Bloomberg News) Union Pacific defended its proposed $71.5 billion railroad merger ...
Both companies are eyeing an early 2027 date to close the transaction, pending regulatory approval from the Surface Transportation Board.
USA: Shareholders of both companies have approved Union Pacific's planned acquisition of Norfolk Southern. Combining Union ...
Roughly 99% of both railroads’ shareholders voted to support the largest rail merger in history Friday, but the U.S. Surface ...
[Stay on top of transportation news: Get TTNews in your inbox.] OMAHA, Neb. — Union Pacific delivered 7% growth in its third-quarter earnings Oct. 23 as its CEO continues to make the case for the ...
Oct 23 (Reuters) - Union Pacific (UNP.N), opens new tab said it expects to submit papers for its $85 billion merger with Norfolk Southern (NSC.N), opens new tab to a regulator as soon as end-November, ...
Whales with a lot of money to spend have taken a noticeably bullish stance on Union Pacific. Looking at options history for Union Pacific (NYSE:UNP) we detected 13 trades. If we consider the specifics ...