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Union Pacific, Norfolk Southern Confirm Merger Talks
FULTON COUNTY, GEORGIA, JUL 24 – Union Pacific and Norfolk Southern merger talks could reshape North American railroads, creating the largest network and increasing competitive pressure, officials said.
- The Associated Press reported last week that Union Pacific and Norfolk Southern confirmed they are in advanced merger discussions on July 24.
- Two years ago, the STB approved the first major rail merger under its rules, with Patrick Fuchs, who joined in 2019, seen as a proponent of industry consolidation.
- Based on 2024 performance, a combined system would generate $36 billion in revenue, handle 15.3 million shipments, employ 52,023 staff, and operate 9,301 locomotives, but it must clear Surface Transportation Board 2001 rules requiring enhanced competition and public interest.
- Jim Vena said `If you stand still, you get left behind`, and BNSF and CSX declined to comment.
- Industry observers expect a first transcontinental merger to spark a second, but there’s no guarantee it would pass Washington’s Surface Transportation Board review.
11 Articles
11 Articles
A Union Pacific-Norfolk Southern combination would redraw the railroad map
A Union Pacific train with UP and Norfolk Southern power crosses UP’s diamond with NS at Momence, Ill., on April 10, 2022. David Lassen Combining Union Pacific and Norfolk Southern into the first transcontinental railroad in the U.S. would create a 52,215-mile colossus that could offer seamless service from coast to coast, bypassing longtime interchange choke points in Chicago and at gateways along the Mississippi River. The two railroads confir…
Norfolk Southern and Union Pacific confirm merger talks to create coast to coast railroad
Union Pacific and Norfolk Southern are confirming they're in merger talks that would create North America’s largest railroad, stretching service from East to West Coasts. The Associated Press reported last week that the companies were discussing a tie-up but neither…
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