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Union Pacific and Norfolk Southern file historic $85 billion rail merger proposal with federal regulators
Union Pacific and Norfolk Southern file historic $85 billion rail merger proposal with federal regulators
Dan Ronan | dan.ronan@wtop.com
December 22, 2025, 9:16 AM
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 case to federal regulators to approve a proposed $85 billion merger.
Industry officials said a merger could reshape the freight rail industry as well as over-the-road trucking.
The nearly 7,000-page merger proposal filing outlines what the two railroads say will be the benefits of a mega merger.
{snip}
Dan Ronan
Weekend anchor Dan Ronan is an award-winning journalist with a specialty in business and finance reporting.
dan.ronan@wtop.com
Dan Ronan | dan.ronan@wtop.com
December 22, 2025, 9:16 AM
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 case to federal regulators to approve a proposed $85 billion merger.
Industry officials said a merger could reshape the freight rail industry as well as over-the-road trucking.
The nearly 7,000-page merger proposal filing outlines what the two railroads say will be the benefits of a mega merger.
{snip}
Dan Ronan
Weekend anchor Dan Ronan is an award-winning journalist with a specialty in business and finance reporting.
dan.ronan@wtop.com