The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.
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Union Pacific refuted claims by the top law enforcement officials of six states that it omitted key data in its revised merger application with Norfolk Southern. The post UP refutes new AG claims, says it provided all answers in merger paperwork appeared first on FreightWaves.
A group of Attorneys General are again urging federal regulators to reject the application for the Union Pacific-Norfolk Southern transcontinental rail merger. The post Attorney Generals urge STB to reject new rail merger application appeared first on FreightWaves.
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 Union Pacific–Norfolk Southern merger deserves scrutiny but also serious consideration, because the alternative is a system never built to work.
Competitors such as BNSF, CPKC and CSX say Union Pacific and Norfolk Southern's refiled application falls short. Here's why.
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 ...
Union Pacific and Norfolk Southern defended their revised merger application, calling it "comprehensive and complete" while rebutting calls for its rejection. The post UP-NS say revised merger application is ‘comprehensive and complete’ appeared first on FreightWaves.