Union Pacific Corporation and Norfolk Southern Corporation filed an application with the Surface Transportation Board to combine the two railroads.
The merger aims to create America's first transcontinental railroad, connecting the U.S. from coast to coast.
The application details enhancements to competition, public benefits, and union job protection.
Transcontinental Connection
The merger will transform 10,000 lanes to more efficient single-line service, reducing handoffs between railroads.
Efficiency and Freight Movement
Estimated daily elimination of 2,400 rail car and container handlings, improving freight movement.
Competitive Shipping Alternatives
Retaining competitive shipping options for over 20,000 customer locations served by Union Pacific and Norfolk Southern.
Shift to Rail Transportation
Converting 2 million truckloads annually from road to rail, enhancing long-haul trucking competition.
Union Job Protection
All union jobs will be preserved, with a projected creation of about 900 new union jobs post-merger.
- The merger will enhance competition in the railroad industry by creating a transcontinental network.
- Efficient single-line service will reduce congestion on roadways and shift freight from trucks to rail, benefiting public infrastructure.
- The merger aims to boost the economy in underserved rail markets and strengthen the U.S. supply chain.
The Union Pacific and Norfolk Southern merger's approval can lead to a transformative shift in freight transportation, strengthening rail connections across the country and benefiting both customers and the economy.