OMAHA, Neb. — The proposed Union Pacific and Norfolk Southern transcontinental merger could lead to nearly 10% traffic growth by 2030 — a significant turnaround for railroads that have yet to rebound to their pre-pandemic volume levels. UP and NS did not provide traffic growth projections as part of their July 29 merger announcement. Rather, […]
Union Pacific’s proposed $85 billion acquisition of Norfolk Southern is the logical outcome of nearly two centuries of rail history, retired NS CEO David Goode says. “The story of railroading has always been the story of mergers and expansion,” he says. And creating the first transcontinental railroad is no exception. These days Goode looks at […]
Analysts widely expect that BNSF Railway and CSX will seek to merge in the wake of last month’s announcement that rivals Union Pacific and Norfolk Southern would combine in an $85 billion deal to create the first U.S. transcontinental railroad. “The question around BNSF remains not if but when they will announce a deal to […]
ATLANTA — Norfolk Southern has put a different kind of yard goat to work at its Inman Yard in Atlanta. Goats — as in the four-legged domesticated farm animal, not a four-axle switcher — were used to get rid of invasive kudzu, the fast-growing vines that are the bane of the South. Kudzu can grow […]
WASHINGTON — The Freight Rail Customer Alliance today said that it’s opposed to the Union Pacific-Norfolk Southern merger, arguing that the transcontinental combination would lead to higher costs and unreliable service. The umbrella group, which represents more than 3,500 electric utility, agricultural, chemical, and alternative fuel companies, called for “guaranteed competitive solutions” for carload and […]
The proposed Union Pacific-Norfolk Southern merger leaves three major intermodal customers — J.B. Hunt, Schneider, and STG Logistics — in the awkward position of having their tents pitched in the wrong railroad camps. J.B. Hunt, the largest domestic truckload intermodal operator, uses BNSF Railway in the West and relies primarily on Norfolk Southern in the […]
WASHINGTON — Sen. Chuck Schumer (D-N.Y.), the Senate Democratic leader, has spoken out against the proposed Union Pacific-Norfolk Southern merger. In remarks Thursday (July 31, 2025) on the Senate floor, Schumer said approval of the merger “would cut down the industry from four major players to just three, pushing us even further down the road […]
WASHINGTON, D.C. — The National Industrial Transportation League said today that rail shippers will not support a transcontinental railroad merger unless it’s accompanied by improvements in service, pricing, and competition. “Despite the promises that rail customers would benefit from mergers through more efficient service, in reality captive rail customers must pay increasingly higher prices for […]
CALGARY, Alberta — Canadian Pacific Kansas City CEO Keith Creel today teed off on the proposed merger of Union Pacific and Norfolk Southern, raising a host of questions and concerns about the $85 billion deal that would reshape the railroad industry. Creel, speaking on CPKC’s earnings call, issued a series of warnings about the transcontinental […]
WASHINGTON — Union Pacific and Norfolk Southern plan to file their merger application with the Surface Transportation Board on or before Jan, 29, 2026, according to a notice of intent filed with the Surface Transportation Board today (July 30, 2025). That notice of intent, also known as a prefiling notification, is required under the board’s […]
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 agreement has an expiration date of Jan. 28, 2028, but will be extended automatically if the Surface Transportation Board merger review process takes […]
WASHINGTON — U.S. Sens. Roger Marshall (R-Kan.) and Tammy Baldwin (D-Wis.) are urging the Surface Transportation Board to “keep the best interests of rail shippers and consumers in mind” during the board’s upcoming review of the Union Pacific-Norfolk Southern merger, expressing concerns about the merger’s impact in a letter to board members. Meanwhile, Nebraska’s two […]
