Union Pacific, Norfolk Southern File for Merger Approval From Surface Transportation Board
Companies say the application includes 2,000 letters of support from stakeholders
Union Pacific and Norfolk Southern filed an application with the Surface Transportation Board requesting approval of their proposed merger.
The application, filed on Friday, said the merger would boost competition, streamlining pricing of interline moves for thousands of customer locations. It would also allow the industry to compete more effectively with long-haul trucking, the companies said.
The deal would also move freight more efficiently and preserve all union jobs that exist...
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