The proposed merger on Tuesday of Union Pacific and Norfolk Southern would create the first coast-to-coast railroad in the United States that would be controlled by a single entity. The deal, valued ...
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, and potentially trigger a final wave of rail ...
The companies say a merger would bring savings of $3.5 billion a year and every union employee would keep their job.
SMART Transportation Division (SMART-TD), the largest rail labor organization in the U.S., tells CNBC it will oppose the proposed merger between freight rails Union Pacific and Norfolk Southern. The ...
OMAHA, Neb.--(BUSINESS WIRE)--The National Conference of Firemen and Oilers (NCFO) and Union Pacific Railroad have reached an historic agreement that will ensure job security for hundreds of ...