Can Union Pacific (UNP) and Norfolk Southern (NSC) Redraw America’s Railroad Map?

On September 22, the Surface Transportation Board (STB) unanimously rejected opponents’ requests to dismiss the revised merger application between Union Pacific Corporation (NYSE:UNP) and Norfolk Southern Corporation (NYSE:NSC). The decision keeps the transaction on track for expected completion in the second half of 2027. If approved, the deal will create America’s first transcontinental railroad, converting […]