Railroad Giants Merge, U.S. Network Expands
Update: 2025-11-14
Description
Shareholders of Union Pacific and Norfolk Southern overwhelmingly approve a $85 billion merger, aiming to create the first coast-to-coast rail network in the U.S. The deal still needs STB approval, with Union Pacifics CEO, Jim Vena, planning to submit the application in late November or early December. Vena believes the merger will benefit America by speeding up goods delivery and supporting companies relying on rail. The proposed network would span 50,000 miles across 43 states, connecting major coastal ports. The STB will review the proposal to ensure it meets high standards, while investors speculate CSX might seek a merger partner to remain competitive.
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