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Union Pacific and Norfolk Southern File $85 Billion Coast-to-Coast Rail Merger Application

The filing starts a 30-day STB step under 2001 rules that require the companies to prove the deal would enhance competition and serve the public interest.

Overview

  • Union Pacific and Norfolk Southern submitted a nearly 7,000-page application to the Surface Transportation Board, triggering a 30-day period for information requests or initial remedies and formal stakeholder input.
  • The review is the first major railroad merger tested under the STB’s stricter 2001 framework, which demands evidence of enhanced competition rather than mere preservation of it.
  • The railroads say a single-line network would bypass delay-prone Chicago interchanges, reduce handoffs, speed transit times and make rail more competitive with long-haul trucking.
  • Rivals including BNSF and Canadian Pacific Kansas City have criticized the deal as a threat to shipper choice and pricing, and unions and trade groups have registered objections.
  • The proposed combination would span about 50,000 route miles across 43 states and more than 100 ports, with the companies targeting an early 2027 closing subject to STB approval.