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Union Pacific is seeking to buy Norfolk Southern in an $85-billion deal that would create the first transcontinental railroad ...
A number of stocks fell in the afternoon session after bellwether United Parcel Service (UPS) reported weak earnings and ...
Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant ...
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Railway Technology on MSNUnion Pacific to acquire Norfolk Southern to create modern transcontinental railroad
Union Pacific has signed an agreement to acquire Norfolk Southern in a stock and cash transaction, at an enterprise value of $85bn, which will result in a combined enterprise worth over $250bn.
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Analysts expect Union Pacific to report an earnings per share (EPS) of $2.89. The market awaits Union Pacific's announcement, ...
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.
The largest rail union in the United States said on Tuesday it intends to oppose Union Pacific's proposed $85 billion ...
Acquisition would create the country’s first transcontinental railroad—but industry reaction is mixed and at least one rail ...
Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail ...
U.S. Sens. Roger Marshall (R-Kan.) and Tammy Baldwin (D-Wis.) are urging the Surface Transportation Board to “keep the best ...
Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four ...
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