Union Pacific and Norfolk Southern Announce Merger

Reuters
Yesterday
Union Pacific and Norfolk Southern Announce Merger

Union Pacific and Norfolk Southern plan to merge, creating a transcontinental rail network that Union Pacific said is designed to improve reliability by reducing interchanges and delays, expanding the pool of crews and locomotives, and operating under a single customer service system. Union Pacific said both railroads are entering the combination from positions of strength and expect a carefully phased integration with limited disruption because their networks have little geographic overlap.

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