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The rail unions, whose support is needed for the success of the merger, did not warn their members about it during the long ...
Big mergers sometimes lead to big layoffs. Might that happen in the Harrisburg area — home to a giant Norfolk Southern hub — ...
A proposed merger between Norfolk Southern and Union Pacific was announced Tuesday, causing a lot of uncertainty for Central ...
OMAHA, NEBRASKA, US — Union Pacific Corp. has agreed to acquire Norfolk Southern Corp. for $85 billion, a merger that would ...
The Surface Transportation Board said on Wednesday that Union Pacific and Norfolk Southern have formally filed a notice of ...
Jim Chadwick, President of Ancora Alternatives, joins CNBC’s Morgan Brennan to break down the Norfolk Southern–Union Pacific ...
The $85 billion Union Pacific and Norfolk Southern merger agreement includes a $2.5 billion breakup fee that anticipates potential twists and turns that could play out over the next two years. The ...
As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated ...
Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail ...
Despite setbacks in 2022 and 2023, the firm rekindled margin improvement in 2024 under PSR veteran Jim Vena's leadership. Union-contract wage and benefit inflation will remain a partial margin ...
Union Pacific has signed an agreement to acquire Norfolk Southern in a stock and cash transaction, at an enterprise value of $85bn, which will result in a combined enterprise worth over $250bn.