Union Pacific, Norfolk Southern File for Merger Approval From Surface Transportation Board

Dow Jones12-19 21:12

By Kelly Cloonan

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 at the time of the merger, according to the application. The growth of the combined company is also expected to create about 900 net new union jobs by the third year following the merger.

The application includes 2,000 letters of support from stakeholders, the companies said.

The companies' proposed $71.5 billion merger, announced in July, would form a single company controlling coast-to-coast rail shipments for the first time in U.S. history. Regulators have been skeptical of deals that could create a transcontinental rail juggernaut, worrying that they could result in price hikes, service disruptions and lower investment in safety improvements.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

December 19, 2025 08:12 ET (13:12 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It would also allow the industry to compete more effectively with long-haul trucking, the companies said. \n\n\n  The deal would also move freight more efficiently and preserve all union jobs that exist at the time of the merger, according to the application. The growth of the combined company is also expected to create about 900 net new union jobs by the third year following the merger. \n\n\n  The application includes 2,000 letters of support from stakeholders, the companies said. \n\n\n  The companies' proposed $71.5 billion merger, announced in July, would form a single company controlling coast-to-coast rail shipments for the first time in U.S. history. 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