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Union Pacific and Norfolk Southern Plan to Create America’s First Transcontinental Railroad

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Source: CNN
Union Pacific and Norfolk Southern Plan to Create America’s First Transcontinental Railroad
Photo: CNN
TL;DR

Union Pacific and Norfolk Southern plan a $72 billion merger to create America's first transcontinental freight railroad, which could reshape the US rail industry, but faces regulatory hurdles and concerns over service quality and market competition.

Topics:top-newsbusiness#business#norfolk-southern#railroad-merger#regulatory-approval#transcontinental-railroad#union-pacific
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  1. America’s first transcontinental freight railroad is planned after a megamerger  CNN
  2. Union Pacific and Norfolk Southern to Create America’s First Transcontinental Railroad  Business Wire
  3. UP-Norfolk Southern Merger Would Control Nearly Half of US Rail Container Traffic  Yahoo Finance
  4. Union Pacific Bid Values Norfolk Southern at About $320 a Share  Bloomberg.com
  5. Report: Union Pacific, Norfolk Southern could reach merger deal by next week  FreightWaves

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