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Union Pacific Says STB Merits Review Supports Norfolk Southern Merger by 2027

Union Pacific Corporation logoUnion Pacific Corporation
Sig4.25Sen+3.70Env0.00Soc+1.16Gov+2.10
Norfolk Southern logoNorfolk Southern
Sig3.70Sen+3.28Env+0.15Soc+1.75Gov+2.05

Union Pacific says its proposed merger with Norfolk Southern is now in the Surface Transportation Board’s merits phase, with executives confident it will meet STB requirements. They cite potential customer, safety, and financial benefits, including reduced handling time, improved freight-car turns, and about $1.8 billion in annual net revenue synergies and $1 billion in annual cost synergies, with a possible 2027 closing.

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