Wabtec, Union Pacific reach $1.2 billion locomotive modernization deal

A $1.2 billion deal is in place to improve AC4400 locomotives around the country. Union Pacific and Wabtec have agreed to the ...
Boise dev

ICYMI: Ahlquist, Pacific Companies purchase Downtown Meridian’s skeleton building

The BoiseDev team is off for the holiday break. (We’ll keep an eye out for any major breaking stories.) While our team enjoys some downtime, we bring you a few stories you might have missed this year.
Houston Chronicle

Union Pacific to develop a massive industrial park near Rosenberg

A sprawling, master-planned industrial park served by rail is slated for development outside of southwest Houston. Union Pacific Railroad announced plans to develop Mainline Texas Industrial Park ...
Seeking Alpha

Union Pacific: The Merger Won't Help

Union Pacific Corporation remains unattractive versus Treasuries due to valuation and risk-adjusted return profile. UNP trades at a 67% premium to the S&P 500 on sales, with high embedded growth ...
WTOP News

Union Pacific and Norfolk Southern file historic $85 billion rail merger proposal with federal regulators

An attempt to create the nation’s first coast-to-coast railroad merger is underway, as leaders from the Norfolk Southern and Union Pacific officially filed paperwork Friday and are now making their ...
Chicago Tribune

Union Pacific’s plan to add trains in the Chicago area raises alarms

To make money on its proposed cross-country railroad, Union Pacific plans to double the number of trains on a 2-mile stretch of track on Chicago’s West Side where workers still throw switches by hand ...
Nasdaq

Union Pacific And Norfolk Southern Seek STB Approval For Merger; CN Warns Of Competition Risks

(RTTNews) - Union Pacific Corp. (UNP) and Norfolk Southern Corp. (NSC) announced that they have filed a joint application with the Surface Transportation Board (STB) seeking approval to merge and ...
Wall Street Journal

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

Union Pacific UNP0.72%increase; green up pointing triangle and Norfolk Southern NSC 0.25%increase; green up pointing triangle filed an application with the Surface Transportation Board requesting ...
Daily Herald

‘It’s the unknown:’ Union Pacific, Norfolk Southern seek mega merger as suburbs consider consequences

Railroad giants Union Pacific and Norfolk Southern formally sought federal approval Friday for a seismic merger that would change how freight moves across the region and continent. “This is huge,” the ...
Bloomberg L.P.

Union Pacific, Norfolk Say Merger Will Take Nearly 2 Million Truckloads off US Roads

Union Pacific Corp.’s takeover of Norfolk Southern Corp. will create a stronger competitor to long-haul trucking and take about 2 million truckloads off US roads each year, the companies said as they ...
Agri-Pulse

Union Pacific, Norfolk Southern file merger application, kicking off federal review

Rail giants Union Pacific and Norfolk Southern on Friday filed a nearly 7,000-page application to the Surface Transportation Board seeking approval for a merger that would create the first ...