While leadership at Class I railroad carriers Union Pacific (UP) and Norfolk Southern (NS) touted the benefits of this week’s announcement, announcing terms on an $85 billion deal in which UP will ...

Following the July announcement that Union Pacific finalized a deal to acquire Norfolk Southern (pending regulatory approval), we are raising our fair value estimate to $285 per share, from $233.

The Surface Transportation Board said on Wednesday that Union Pacific and Norfolk Southern have formally filed a notice of ...

Norfolk Southern opened its Midtown headquarters in 2021 as part of one of the city’s largest — and most complicated — incentive deals.

The move comes as part of a merger where Union Pacific will be acquiring Norfolk Southern, and together they'll form a ...

Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

Union Pacific is acquiring Norfolk Southern Railroad, with the combination set to create America's first-ever ...

Two railroad companies could be trying to put a deal into loco-"motion." Union Pacific and Norfolk Southern have started to examine the possibility of a merger, according to a report from the Wall ...

Union Pacific is exploring an acquisition of Norfolk Southern, setting up what could rank as the largest railroad deal ever, according to people familiar with the matter.

Railroad operator Union Pacific is holding talks to acquire its smaller rival Norfolk Southern in what would be a megamerger in the railroad industry, according to people familiar with the matter.