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STB Resumes Union Pacific–Norfolk Southern Merger Review

Union Pacific Corporation logoUnion Pacific Corporation
Sig3.25Sen-0.85Env0.00Soc0.00Gov-1.15
Norfolk Southern logoNorfolk Southern
Sig3.20Sen-0.70Env0.00Soc0.00Gov-0.90

The federal rail regulator, the STB, resumed its merger review for Union Pacific and Norfolk Southern after removing a late-May hold, while stressing the decision does not approve the deal. The board found the railroads’ supplemental information sufficient, set a timeline through at least May 28, 2027, and required more data by Aug. 28, denying an expedited proceeding tied to a proposed St. Louis terminal divestiture.

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