#transcontinental-railroad
(4 articles)Congress Demands Rigorous Review of $72B Rail Merger
The House Appropriations Committee has signaled strong congressional oversight of the proposed $72 billion Union Pacific-Norfolk Southern merger, endorsing the Surface Transportation Board's applicati
UP-NS Rail Merger Clears Critical Hurdle as STB Requests More Data
The Surface Transportation Board's conditional acceptance of the Union Pacific-Norfolk Southern merger application represents a pivotal moment for North American rail infrastructure. Rather than issui
UP-NS Merger Could Save Shippers $3.5B Annually
Union Pacific and Norfolk Southern have submitted an amended merger application to the Surface Transportation Board (STB) seeking permission to combine operations into America's first transcontinental
Union Pacific Q1 Earnings Beat: 6% EPS Growth, Merger Advance
Union Pacific delivered strong Q1 2024 results with adjusted net income of $1.7 billion and earnings per share of $2.87, representing 6% year-over-year growth despite a muted economic environment. The