The incumbent railroad companies dominate North America, and, combined with regulatory hurdles, make it almost impossible for ...

The proposed merger will require divestitures of regional lines and yards. That's where Brookfield Infrastructure Partners comes in.

The Surface Transportation Board on Thursday unanimously accepted Union Pacific and Norfolk Southern’s merger application for consideration after finding the rail companies’ second attempted ...

Soft demand is holding down revenue at Union Pacific and CSX. The Class I railroads both saw annual revenue declines of 1 percent, with Union Pacific’s operating revenue coming in at $6.1 billion and ...

OMAHA, Neb. (AP) — Union Pacific hopes regulators will be convinced this time that its $85 billion acquisition of Norfolk Southern that it detailed for the second time Thursday will be good for the ...

Union Pacific CEO Jim Vena is confident that the Surface Transportation Board will accept the revised UP-Norfolk Southern ...

Union Pacific and Norfolk Southern have submitted a second application seeking approval for a merger that would create the nation's first coast-to-coast railroad company. The new application argues ...

Union Pacific is hustling to file its application to merge with Norfolk Southern to government regulators well ahead of schedule. In an earnings call Thursday, Union Pacific CEO Jim Vena said that the ...

The latest application says the merged railroad would have a 39% market share and provides conditions under which Union Pacific would walk away from the tie-up.