A group of Attorneys General are again urging federal regulators to reject the application for the Union Pacific-Norfolk Southern transcontinental rail merger.
The CEO of Union Pacific said he is confident the revised UP-Norfolk Southern merger application will be accepted by the Surface Transportation Board.
Union Pacific filed a complaint with federal regulators alleging that BNSF Railway’s cancellation of certain reciprocal switching rates has significantly increased costs for grain shippers.
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.
