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News

Union Pacific, Norfolk Southern

The New York Times · 2d
Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Barron's on MSN · 9h
Train Stocks Could Fare Well as Union Pacific and Norfolk Southern Merge. Picking Winners.
When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental railroad,” it puzzled some who recalled the golden spike driven in 1869 at Utah’s Promontory Summit. That last spike only connected two railroads from Omaha, Neb., to Sacramento, Calif.
Reuters on MSN · 2d
Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.
2don MSN
Union Pacific’s CEO started as a teen track worker—now he’s leading an $130 billion empire and says Gen Z interns need curiosity to be like him
Union Pacific CEO Jim Vena has climbed the railroad ranks since he was a teenager making mere dollars to maintain tracks to ...
2d
Union Pacific: Norfolk Purchase Brings Long-Term Benefits, Near-Term Uncertainty
Union Pacific's $320/share bid for Norfolk Southern aims to form the first transcontinental railroad. Read the full analysis ...

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Related topics

Norfolk Southern Railway
New York Stock Exchange
Jim Vena
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