UP-NS say revised merger application is ‘comprehensive and complete’
Union Pacific and Norfolk Southern defended their revised merger application, calling it “comprehensive and complete” while rebutting calls for its rejection.
Union Pacific and Norfolk Southern defended their revised merger application, calling it “comprehensive and complete” while rebutting calls for its rejection.
Canadian National urged a U.S. regulator to reject the revised but still-incomplete merger application submitted by Union Pacific and Norfolk Southern.
Union Pacific could walk away from its proposed merger with Norfolk Southern if federal regulators impose onerous conditions for approval.
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Union Pacific and Norfolk Southern say their updated merger filing to create the first transcontinental railroad makes an even stronger case for increased growth, lower shipper costs, and a more robust U.S. supply chain.
As Union Pacific and Norfolk Southern prepare to file an updated merger application with regulators, rival railroads have launched a coalition aimed at stopping the proposed transcontinental tie-up.
Shippers want federal regulators to disclose confidential terms under which Union Pacific could walk away from its proposed merger with Norfolk Southern.
Norfolk Southern’s Mark George says the acquisition of the railroad by Union Pacific will speed up the movement of freight and spur unprecedented growth across the U.S. rail network.
Norfolk Southern has been formally granted control of a Virginia port railroad by federal regulators.
A Union Pacific executive disputed claims by Canadian National that it intentionally understated traffic it would take from rival railroads in its merger application with Norfolk Southern.
The Surface Transportation Board is asking Union Pacific and Norfolk Southern for more detailed information related to their transcontinental rail merger.
Federal regulators denied requests from Norfolk Southern and Union Pacific to investigate service issues on a key rail route between the West Coast and Southeast.
Union Pacific CEO Jim Vena responded to negative reaction to the proposed rail merger with Norfolk Southern, saying critics should look past history — and his own numbers — to see how the transcontinental tie-up will reshape the U.S. supply chain for the better.
Rival railroad CEO says the STB’s rejection of the initial UP-NS merger application shows the $85 billion deal is not a certainty.
Union Pacific delayed its revised merger application with Norfolk Southern after regulators clarified data formatting requirements, its CEO said.
Union Pacific and Norfolk Southern set a new date to file their revised merger application with regulators.
A coalition of GOP Attorney Generals have asked the Department of Justice to review the proposed Union Pacific-Norfolk Southern merger.
Union Pacific has again asked federal regulators to investigate Canadian Pacific Kansas City over its handling of intermodal trains on a key southern route.
Dozens of Senators and Representatives have urged a careful review by federal regulators of the proposed merger of Union Pacific and Norfolk Southern.
Union Pacific plans to file a revised merger application for its consolidation with Norfolk Southern.
The Surface Transportation Board rejected as incomplete the merger application by Union Pacific and Norfolk Southern to create the first transcontinental railroad.
Union Pacific’s chief executive fired back at rivals who oppose the merger to create the first transcontinental railroad.
BNSF Railway and Canadian National tell U.S. regulators that Union Pacific and Norfolk Southern are withholding crucial documents needed to properly evaluate their proposed transcontinental merger.
The Surface Transportation Board proposed changes to make it easier for shippers to get freight services from a railroad that doesn’t directly serve their locations.
Union Pacific and Norfolk Southern urged federal regulators to reject what they claim are efforts by rival railroads to delay the merger process.
Skepticism over claimed benefits marked reactions to the Union Pacific-Norfolk Southern merger filing.
The Surface Transportation Board is asking comments on the completeness of the 7,000-page merger application from Union Pacific and Norfolk Southern.
Union Pacific and Norfolk Southern will file their formal merger application Friday with the Surface Transportation Board, detailing historic plans for the first transcontinental railroad.
Union Pacific and Norfolk Southern win the backing of Congressmen from Deep South states where they operate for their controversial transcontinental rail merger.
Union Pacific has set a specific date to submit its application to federal regulators for its merger with Norfolk Southern.
The railroads had expected to file their formal merger application with the Surface Transportation Board this week.
U.S. ports urge strict evaluation by Surface Transportation Board of proposed transcontinental rail merger, cautioning on impact to the supply chain and economy.
Federal regulators approved the sale of regional line Wheeling & Lake Erie Railway to Fortress Investment Group.
Collaboration has been driving recent success for U.S. railroads, according to BNSF, and controversial plans for a transcontinental merger are unlikely to benefit shippers, or the rail industry.
Shares of Union Pacific and Norfolk Southern rise as the railroads count down the days until filing their formal merger application with federal regulators.
The top law enforcement officers from three states urged federal regulators to approve the $85 billion Union Pacific-Norfolk Southern railroad merger.
Republican legislators in a letter to federal regulators warn that the merger of Union Pacific and Norfolk Southern could create a rail colossus and with it raise prices and hinder U.S. competitiveness.
The top law enforcement officers for nine states say the merger of Union Pacific and Norfolk Southern threatens national security – and President Trump’s plans for American prosperity.
Nominees who will help judge the fate of the Union Pacific-Norfolk Southern merger told a Senate hearing they won’t let politics influence their decisions.
Union Pacific and Norfolk Southern have asked the Surface Transportation Board to expedite the review of their proposed transcontinental merger.
Union Pacific has made a donation to help fund President Trump’s White House ballroom, ostensibly to help win regulatory approval of its $85 billion merger with Norfolk Southern.
The Surface Transportation Board has added another executive to its industry advisory council.
The American Chemistry Council has serious concerns about the impact to its members’ business.
Former Surface Transportation Board member Robert Primus on Wednesday sued President Trump, the rail board and its chairman, challenging his firing by Trump in August.
BNSF Railway states that Union Pacific’s deal to acquire Norfolk Southern will hurt rail competition, increase rates, reduce service, and likely lead to operational issues.
Customs and Border Protection will continue to fund cargo inspections and other essential services during a government shutdown.
Surface Transportation Board wants longer timeline to review proposed tie-up that would create first transcontinental railroad.
President Donald Trump said that the proposed merger of Union Pacific and Norfolk Southern forming the first U.S. transcontinental railroad “sounds good to me.”
A coalition of rail shippers warns regulators that the proposed Union Pacific-Norfolk Southern merger will hurt service and raise costs.
President Trump has nominated longtime rail industry consultant Richard Kloster to the Surface Transportation Board.
Union Pacific and Norfolk Southern argue rival interline alliances prove their proposed merger enhances railroad competition.
The Surface Transportation Board has approved the acquisition of 420-mile regional Great Lakes Central Railroad by Watco.
President Trump on Tuesday fired Surface Transportation Board member Robert E. Primus, the board’s lone member to oppose the CP-KCS merger in 2023.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and Norfolk Southern proposed their own transcontinental merger.
Leading policy and technology experts will deliver keynotes.
The Surface Transportation Board’s Office of Environmental Analysis has issued its final Environmental Impact Statement for the Green Eagle Railroad, a 1.3-mile line that would be part of a new 19-mile rail route and bridge connecting Eagle Pass, Texas, and Piedras Negas, Mexico. The Green Eagle Railroad would be part of a secure corridor for […]
The proposed acquisition creates the first transcontinental freight railroad.
Eliminating interchange should make rail a more attractive option for shippers in nation’s midsection, George and Vena tell analysts
Shippers wary of higher rates, service issues with one entity controlling 52,000 miles of track.
Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.
Union Pacific and Norfolk Southern could announce a merger as early as next week, according to a published report.
Union Pacific and Norfolk Southern on Thursday confirmed that they are in advanced discussions regarding a merger.
Intermodal would be approximately 53% of a combined entity’s volume.
A trio of veteran experts will advise the Surface Transportation Board and chairman Patrick Fuchs as talk of mergers grows louder.
In a business as tightly coupled to its past as railroading, there is much at stake for several individuals in the proposed Union Pacific-Norfolk Southern merger.
Union Pacific, the largest publicly-held railroad, is in merger talks with eastern rival Norfolk Southern, according to a published report.
Union Pacific has retained investment bank Morgan Stanley to explore a potential acquisition of a Class I railroad, according to a report.
A federal appeals court has thrown out a rule that gave shippers with poor rail service access to a second railroad.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
Surface Transportation Board moves to expedite delayed cases, some of which have languished for years.
CPKC foresees July return to normal service after a botched computer system cutover on former Kansas City Southern.
The Surface Transportation Board has opened a formal review of Watco’s acquisition of Michigan rail short line Great Lakes Central.
The U.S. Supreme Court overturned a lower court ruling, clearing the way for a rail line that would move Utah crude oil to the national rail network.
Short line railroads and their stakeholders took their legislative wishlist to Washington for the annual Congressional lobby event.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Surface Transportation Board Chairman Patrick Fuchs has added a team of public-private advisers as he reforms the federal freight rail regulator.
The Surface Transportation Board will decide whether Union Pacific is blocking rival BNSF from accessing a Utah logistics park.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Patricks Fuchs, President Trump’s pick to lead the Surface Transportation Board, wants to speed up decision-making to help railroads grow their business.
Genesee & Wyoming short line Central Oregon & Pacific can take over local operations from Union Pacific in Eugene, Oregon, as early as Saturday, federal regulators say.
Union Pacific might be running the smoothest rail network.
Republican Patrick J. Fuchs has been designated by President Trump as chairman of the Surface Transportation Board.
STB Chairman Robert Primus addressed the Midwest Association of Rail Shippers on Thursday.
At the Transportation Research Board annual meeting, intermodalists advise and dissent over developments in the freight sector.
The Surface Transportation Board has taken Union Pacific to task for an ongoing lack of cooperation in a new decision on the railroad’s effort to construct a 6-mile rail line in Arizona’s Maricopa and Pinal counties.
Internal email reveals $105 million in maintenance cutbacks at BNSF that could lead to service disruptions.
Regulators may consider more oversight as a way to improve rail volumes.
The Biden administration is calling railroad executives to Washington to explain how they plan to reverse negative cargo trends and grow their business.
Union Pacific CEO Jim Vena defended the railroad’s safety record, which recently has come in for criticism from Federal Railroad Administration Chairman Amit Bose.
A Norfolk Southern train derailed in Pennsylvania on Saturday amid an already heated battle over railroad safety issues. Here’s the latest.
Craig M. Keats started his career in 1972 as an attorney for the Interstate Commerce Commission — the Surface Transportation Board’s predecessor — and he has stayed on since then.
The Brotherhood of Maintenance of Way – Employes Division is continuing to express its disappointment over planned furloughs at Union Pacific. But UP insists that it will call back furloughed employees as the railway pursues rail service and safety goals.
In light of the numerous comments that the Surface Transportation Board received on its proposed reciprocal switching rule, the board has extended a deadline for additional feedback by two weeks.
Outgoing STB Chair Martin Oberman had harsh words for Union Pacific at the RailTrends conference.
After serving one five-year term on the Surface Transportation Board, Chairman Marty Oberman has decided against seeking reappointment.
Dozens of industry stakeholders, from individual Class I railroads to multiple shipper groups to the trade unions, offered their input on what’s wrong and what’s right about the Surface Transportation Board’s proposed rulemaking on reciprocal switching.
BNSF and Navajo Transitional Energy Co. have reached a settlement on NTEC’s request for more rail service to export coal.
Norfolk Southern is asking the Surface Transportation Board to compel Canadian Pacific Kansas City and CSX to consolidate their applications on plans to create a Mexico-Southeast U.S. corridor. Doing so would provide greater insight on freight and passenger rail impacts, NS argues.
Chicago commuter rail system Metra filed a lawsuit against the Surface Transportation Board over its decision to approve the merger between Canadian Pacific and Kansas City Southern.