Transaction to transform the U.S. supply chain and economy; strengthen domestic manufacturing; and preserve union jobs Two legendary railroads enter agreement to combine in stock and cash merger, ...
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
For decades, a patchwork of regional rail networks across the United States have been forced to grapple with the same headache: Interchanges, where cargo is handed from one rail line to another.
Between 1863 and 1869, the first transcontinental line, known as the Pacific Railroad, was built in the United States. The line ran from Omaha, Nebraska, to Sacramento, California, and carried ...
OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail ...
OMAHA, Nebraska & ATLANTA--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today filed an application with the Surface Transportation Board (STB) ...
Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, implying a value for Norfolk Southern of $320 per share based on Union Pacific’s ...
A new agreement between two railroad giants, Union Pacific Corporation and Norfolk Southern Corporation, will create America’s first transcontinental railroad, to be called the Union Pacific ...
Union Pacific and Norfolk Southern to create America’s First Transcontinental Railroad. Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, ...
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