STB Wants Answers on How UP-NS Merger Could Affect CSX and Other Railroads
6 Articles
6 Articles
STB accepts UP-NS merger application but wants more info before moving forward
The Surface Transportation Board on Thursday accepted Union Pacific Corp.’s application to acquire and absorb Norfolk Southern Corp. and Norfolk Southern Railroad, but it wants more information before it allows the process to move further.
STB wants answers on how UP-NS merger could affect CSX and other railroads
The Surface Transportation Board wants more detailed information on whether a merger of Norfolk Southern Railroad. with Union Pacific Corp. could force other major carriers such as CSX to seek merger partners of their own and how that would affect…
$85bn rail merger faces new delay as STB demands more details
The Surface Transportation Board has paused the $85 billion merger between Union Pacific and Norfolk Southern, dealing another setback to the mega-deal that would create the country’s first intercontinental railroad.
STB pauses review of UP-NS merger proposal — again - Brotherhood of Locomotive Engineers and Trainmen
The U.S. Surface Transportation Board on Thursday announced that it has paused the review of the Union Pacific-Norfolk Southern merger application — again. “Several aspects of the revised application… are unclear or underdeveloped and require supplementation at this stage,” the STB said. In April the two companies resubmitted their merger application to create a coast-to-coast U.S. freight rail operator after their initial proposal was determ…
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