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News

Union Pacific, Norfolk Southern Railway

Barron's on MSN · 8h
Train Stocks Could Fare Well as Union Pacific and Norfolk Southern Merge. Picking Winners.
When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental railroad,” it puzzled some who recalled the golden spike driven in 1869 at Utah’s Promontory Summit. That last spike only connected two railroads from Omaha, Neb., to Sacramento, Calif.
UPI on MSN · 3d
Union Pacific, Norfolk Southern to merge in $85 billion deal
The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad.
Reuters on MSN · 2d
Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.
1don MSN

Union Pacific, Norfolk Southern aim to file merger application by Jan 29

The Surface Transportation Board said on Wednesday that Union Pacific and Norfolk Southern have formally filed a notice of ...
2d

Union Pacific: Norfolk Purchase Brings Long-Term Benefits, Near-Term Uncertainty

Union Pacific's $320/share bid for Norfolk Southern aims to form the first transcontinental railroad. Read the full analysis ...

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