STB Wants Answers on How UP-NS Merger Could Affect CSX and Other Railroads
5 Articles
5 Articles
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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