Robert Primus, who had served on the board since 2001, said his firing threatens the independence of the five-member Surface Transportation Board.
October 2, 2025Union Pacific News Updates
UP-Norfolk Southern Deal Boosts Rare $1 Trillion M&A Market
Global deal values have topped $1 trillion in a third quarter for only the second time ever, thanks to transactions like the Sept. 29 $55 billion take-private of video game maker Electronic Arts.
September 29, 2025CSX CEO Joe Hinrichs Abruptly Departs
CSX named Steve Angel as its new CEO as the railroad faces pressure from an activist investor and rising competitive challenges.
September 29, 2025Biggest Rail Union Endorses Union Pacific Acquisition
Others are still skeptical of Union Pacific’s proposed $85 billion acquisition of Norfolk Southern.
September 23, 2025Trump Supports Union Pacific, Norfolk Southern Deal
The proposed merger, which would create a massive single railroad company controlling shipments across the continental U.S., is being weighed by the Surface Transportation Board.
September 22, 2025Trump, Union Pacific CEO Discuss Norfolk Southern Acquisition
Union Pacific's CEO discussed the railroad’s proposed $72 billion acquisition of rival Norfolk Southern with President Donald Trump as the company seeks regulatory approval for the deal.
September 12, 2025Trump Fires Rail Regulator as STB Weighs Merger
The board is currently weighing a merger between Norfolk Southern and Union Pacific that would create a massive single railroad company controlling shipments across the continental U.S.
August 28, 2025CPKC Not Interested in Merger, Warns of Risks
The statement comes about a month after rival Union Pacific agreed to acquire Norfolk Southern in a cash-and-stock transaction valuing the company at about $72 billion.
August 26, 2025Lutnick Says Rail Mergers Could Improve Freight Flow
U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond merger requirements applied to other industries.
August 19, 2025CSX Working With Goldman Sachs to Explore Options, Sources Say
CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.
July 31, 2025Trending
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