Norfolk Southern

When the merger agreement was initially announced, the rail carriers said it would create the nation’s first transcontinental railroad—which will connect more than 50,000 route miles across 43 states from the East Coast to the West Coast and connect around 100 ports as well.

With a merger application for the proposed $85 billion historic merger between Union Pacific and Norfolk Southern expected to be filed with the Surface Transportation Board (STB) this week, more than half of union employees at the railroads indicated they are not in favor of the merger. That is the word from the Brotherhood of Locomotive Engineers & Trainmen (BLET) and the Brotherhood of Maintenance of Way Employees, whom collectively account for 53% of UP and NS union employees, with the two unions...

While a December 1 date for the merger application to be sent to the Surface Transportation Board (STB), regarding the historic proposed $85 billion merger between Class I railroads Union Pacific (UP) and Norfolk Southern (NS), had been widely anticipated, UP CEO Jim Vena said at the UBS Global Industrials and Transportation Conference this week that the merger’s submission will be delayed for about two weeks.

2025 delivered a near repeat of 2024's volatility, with tariffs, uneven demand, political uncertainty, and shifting trade dynamics leaving logistics managers stuck in a constant state of reaction. Across every mode—trucking, intermodal, rail, ocean, parcel, and shipper operations—experts point to the same themes: excess capacity, fragile confidence, tariff-driven distortion, and a growing reliance on technology as the industry waits for clarity that never quite arrives.

In a speech at last week’s RailTrends conference in New York, Union Pacific Railroad CEO Jim Vena made the case for Union Pacific’s historic proposed $85 billion merger with Norfolk Southern, in advance of the company submitting its merger application to the Surface Transportation Board.

With an expected December 1 date for the application regarding the historic $85 billion proposed merger between Class I railroad carriers Union Pacific and Norfolk Southern, there was no shortage of opinions regarding the deal at the RailTrends conference.

In a wide-ranging presentation at the RailTrends conference in New York last week, Adriene Bailey, partner and head of the North American Rail Team at Oliver Wyman, offered up detailed insight and analysis on various topics impacting the North American freight railroad market.

While it has not crossed the finish line yet, the proposed Class I railroad merger between Union Pacific and Norfolk Southern is ostensibly moving along, with shareholders for each company nearly unanimous in voting in favor of the deal, according to respective statements issued by each company today.

Late last week, a bipartisan Senate duo—John Hoeven (R-N.D.) and Amy Klobuchar (D-Minn.)—penned a letter to leadership at the Surface Transportation Board (STB), including STB Chairman Patrick Fuchs, Vice Chair Michelle Schultz and Member Karen Hedlund, in which they stated they plan to “closely scrutinize” the proposed Class I railroad merger between Union Pacific and Norfolk Southern, with a focus on being able to demonstrate long-term competition in the freight rail sector, with clear and tangible improvements.

The $387 billion U.S. truckload sector is still stuck in a three-year freight recession, with soft demand, rising bankruptcies, and tariff-driven volatility continuing to weigh on carriers. Yet, amid mergers, bankruptcies, and shifting global trade, leading operators like J.B. Hunt, Knight-Swift, and Werner are adapting business models, pursuing cross-border growth, and investing in efficiencies to weather the downturn.

In expressing their collective concern regarding the proposed Class I freight railroad carrier merger between Union Pacific and Norfolk Southern, a letter sent to President Trump from the American Chemistry Council (ACC), on behalf of 40 member-company chemical manufacturing CEOs, explained that should this deal come to fruition, it could have negative effects on United States manufacturing in various ways.

The 15th Annual Rail/Intermodal Roundtable examines the current state of the U.S. rail and intermodal markets, highlighting modest carload growth, improving service levels, and the ongoing impact of tariffs, truck competition, and emerging technology. Experts also weigh in on the potential Union Pacific-Norfolk Southern merger, forecasting that regulatory review and broader economic conditions will shape service, pricing, and growth opportunities over the next several years.

Jacksonville-based Class I railroad carrier CSX Corp. said today that Steve Angel was named as its new President and Chief Executive Office by the company’s Board of Directors, effective September 28. Angel will replaced previous president and CEO Joe Hinrichs, whom has departed the company and had been with CSX for three years, joining the company in September 2022.

The prospects of the proposed Class I rail carrier merger between Union Pacific and Norfolk Southern appear to be closer to coming to fruition are picking up steam.

A letter sent this week by the Rail Customer Coalition (RCC), a concern comprised of trade associations representing the manufacturing, energy, and agricultural industries reliant on railroads, to the leadership at the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, laid out various concerns and reservations that RCC has in regards to the proposed merger between Class I railroad carriers Union Pacific and...