Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application
Union Pacific says the deal would cut interchange delays and save shippers $3.5 billion a year, while opponents warn it would reduce competition.
- On Thursday, Union Pacific and Norfolk Southern submitted a new $85 billion merger application to the Surface Transportation Board, proposing the country's first transcontinental railroad.
- The Surface Transportation Board declined the initial application, requesting additional information about how the merger would affect competitive balance in the rail industry.
- Supporters argue the deal would create a seamless network from the East Coast to the West Coast, modernizing freight transportation while reducing shipping costs and transportation times.
- SMART-TD President Jeremy Ferguson backs the deal for job protection, while BNSF Railway Katie Farmer warned it 'will eliminate competition, raise costs for consumers, and destabilize the supply chain.'
- The STB must determine whether the deal serves the public interest, while President Donald Trump has endorsed the merger, stating it 'sounds good to me.
52 Articles
52 Articles
71% of Voters Reject Proposed Railroad ‘Monopoly’
By Pedro Rodriguez, The Daily Signal | April 29, 2026 A new survey from the Stop the Rail Merger Coalition, conducted by McLaughlin & Associates, which is heavily relied upon by President Donald Trump’s administration, found that 71% of likely voters oppose the $85 billion merger between Union Pacific and Norfolk Southern, which Union Pacific proposed a day before the two companies were set to file a revised application. The proposed merger woul…
Union Pacific, Norfolk Southern submit new merger application
(The Center Square) – Union Pacific and Norfolk Southern on Thursday submitted a new merger application to the U.S. Surface Transportation Board that would create the country's first transcontinental railroad.
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