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As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast ...
WASHINGTON (Reuters) -Union Pacific's proposed purchase of smaller rival rail operator Norfolk Southern will need to be ...
Union Pacific and Norfolk Southern are in early talks to merge, according to people familiar with the matter, a combination that would create the largest railroad in the United States. A ...
He didn’t provide specifics. Norfolk Southern’s board already has rejected proposals from Canadian Pacific — including one in mid-December that valued the target at about $27 billion.
A new BNSF bid for Norfolk would be much like Union Pacific Corp.'s (UNP) efforts in the 1990s to "provide a competitive bid when the Burlington Northern and Santa Fe were merging," Rose ...
Either deal, should Union Pacific move ahead, would be large — CSX is valued at $62 billion, Norfolk Southern at $58 billion — and create the country’s first coast-to-coast carrier.
When the company announced plans in late 2018 to relocate to Atlanta from Virginia, there appeared to be nothing but clear tracks ahead.
Union Pacific's $320/share bid for Norfolk Southern aims to form the first transcontinental railroad. Read the full analysis ...
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