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News

Union Pacific, Norfolk Southern

The New York Times · 3d
Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Barron's on MSN · 15h
Train Stocks Could Fare Well as Union Pacific and Norfolk Southern Merge. Picking Winners.
When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental railroad,” it puzzled some who recalled the golden spike driven in 1869 at Utah’s Promontory Summit. That last spike only connected two railroads from Omaha, Neb., to Sacramento, Calif.
Yahoo · 2d
Union Pacific merger with Norfolk Southern would create a coast-to-coast rail system
Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
Los Angeles Magazine
1d
Union Pacific To Acquire Norfolk Southern in $85 Billion Deal
Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail ...
2d
Union Pacific: Norfolk Purchase Brings Long-Term Benefits, Near-Term Uncertainty
Union Pacific's $320/share bid for Norfolk Southern aims to form the first transcontinental railroad. Read the full analysis ...

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