Union Pacific and Norfolk Southern seek approval for $85 billion merger
by Reuters Apr 30, 2026
Union Pacific and Norfolk Southern on Thursday submitted a revised merger application with the Surface Transportation Board, seeking approval of its $85 billion tie-up to create the first U.S. coast-to-coast freight rail operator.
The railroads said the deal would save shippers an estimated $3.5 billion annually in arguing in favor of the deal.
Reuters
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