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A proposed merger between Norfolk Southern and Union Pacific was announced Tuesday, causing a lot of uncertainty for Central Pennsylvania. If the $85 billion merger goes ...
Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in ...
Big mergers sometimes lead to big layoffs. Might that happen in the Harrisburg area — home to a giant Norfolk Southern hub — if Union Pacific completes ...
Jim Chadwick, President of Ancora Alternatives, joins CNBC’s Morgan Brennan to break down the Norfolk Southern–Union Pacific ...
The $85 billion Union Pacific and Norfolk Southern merger agreement includes a $2.5 billion breakup fee that anticipates potential twists and turns that could play out over the next two years. The ...
As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated ...
Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail network in the country ...
Despite setbacks in 2022 and 2023, the firm rekindled margin improvement in 2024 under PSR veteran Jim Vena's leadership. Union-contract wage and benefit inflation will remain a partial margin ...
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.
Union Pacific Corporation (NYSE:UNP), a railroad holding company, earns its freight revenue from three main segments: bulk, industrial, and premium, each contributing about one-third of the total.