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UP CEO confident rail merger application checks all the STB’s boxes
FreightWaves126d agoneutral
UP CEO confident rail merger application checks all the STB’s boxes

The CEO of Union Pacific said he is confident the revised UP-Norfolk Southern merger application will be accepted by the Surface Transportation Board. The post UP CEO confident rail merger application checks all the STB’s boxes appeared first on FreightWaves.

The Portsmouth Daily Times, Ohio132d agoneutral
Rail merger: UP, NS respond; BNSF raises more concerns

The regulatory battle over whether Union Pacific Corp. should be allowed to acquire Norfolk Southern Corp. in an $85 billion deal continued this week as UP filed its answer to criticisms of its amended application. Less than three days later, UP competitor BNSF Railway responded with a letter saying UP’s response remained inadequate in that UP and NS still have not provided the Surface ...