Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
Transaction to transform the U.S. supply chain and economy; strengthen domestic manufacturing; and preserve union jobs Two legendary railroads enter agreement to combine in stock and cash merger, ...
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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 ...
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states. By Peter Eavis Union Pacific, a freight rail giant, announced on Tuesday that it had ...
The speculation is over: Union Pacific and Norfolk Southern at 7:00 AM EDT announced their agreement to, in a combined cash and stock transaction valued at more than $250 billion, merge and create the ...
OMAHA, Neb. & INDEPENDENCE, Ohio--(BUSINESS WIRE)--The International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), the nation’s largest ...
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