Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Union Pacific, Norfolk Southern Say Surface Transportation Board Denied Requests to Dismiss Merger

Union Pacific, Norfolk Southern Say Surface Transportation Board Denied Requests to Dismiss Merger

MT newswireMT newswire2026/09/22 15:35
11:35 AM EDT, 09/22/2026 (MT Newswires) -- Union Pacific (UNP) and Norfolk Southern (NSC) said Tuesday that the Surface Transportation Board has denied requests to dismiss the companies' revised merger application. Additionally, the merger has support from a majority of unions representing Union Pacific and Norfolk Southern employees, with the International Association of Sheet Metal, Air, Rail and Transportation's Railroad Mechanical Department signing a jobs-for-life agreement with the railroads, according to a statement. The companies said the merger remains subject to Surface Transportation Board's review and approval, with the transaction expected to be completed in H2 of 2027. Price: 271.32, Change: +1.69, Percent Change: +0.62
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Rising fuel costs drive up brewing costs in Asia, Heineken (HEINY.US) says it is passing 70%-80% of the cost pressure on to consumers.

Jacco van der Linden, President for Asia Pacific at HEINEKEN (HEINY.US), stated that rising fuel costs triggered by the conflict in Iran are increasing the company's brewing input costs in Asia.

智通财经•2026/09/28 07:11

Starlink, lunar landing, and space computing power all rely on it! SpaceX (SPCX.US) Starship's 14th launch targets its first orbital flight and deployment of next-generation satellites

SpaceX plans to launch its giant Starship rocket early Monday local time, aiming to send the spacecraft into orbit for the first time.

智通财经•2026/09/28 07:06

BCG warns that financial pressure on European companies is intensifying! The room to absorb shocks is narrowing, and the pressure to transform is increasing simultaneously.

According to Boston Consulting Group (BCG), as leverage increases, making companies more vulnerable to shocks, one out of every six companies in Western Europe is currently facing financial pressure.

智通财经•2026/09/28 06:46