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Union Pacific to buy Norfolk in $85 billion mega US railroad deal
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal, to create the nation's first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.
Norfolk Southern reported a rise in its second-quarter profit on Tuesday, aided by higher revenue from improved volumes.
(UP) and Norfolk Southern Corp., major grain shippers and two of the six Class I freight railroads in North America, ...
Charleston’s claim to railroad fame comes into focus as Norfolk Southern Corp. considers a merger with Union Pacific that ...
In 2018 Georgia and Atlanta leaders celebrated a coup: convincing Norfolk Southern to move its headquarters to Midtown Atlanta. Now, that HQ and its jobs could be at risk.
Norfolk Southern has received a total of 14 ratings from analysts, with the consensus rating as Neutral. With an average ...
Speculation in the railroad industry has intensified in recent weeks following reports that Union Pacific (NYSE:UNP) is exploring a takeover of Norfolk Southern (NYSE:NSC). The proposed deal would ...
Recent grant from NS boosts efforts for Norfolk & Western No. 611 with $40,000 to support VMT's Rail Heritage Initiatives.
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