Growth

Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today applauded the Surface Transportation Board (STB)’s decision to accept their merger application, calling it an important step toward a reinvigorated, more competitive U.S. railroad industry. The companies acknowledged the STB’s request for additional information on their amended merger application, reiterating their commitment to work constructively with the STB.

Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today submitted an amended merger application to the Surface Transportation Board (STB) seeking approval to create America’s first transcontinental railroad. Additional analysis reinforces that the combination will drive growth, enable substantial cost savings for shippers and strengthen the U.S. supply chain.

Union Pacific and Norfolk Southern each earned coveted spots on the 2026 Fortune’s World’s Most Admired Companies list as the only railroads in the Trucking, Transportation and Logistics category. The achievement underscores the shared values, operational excellence and forward-looking commitments fueling the proposed Union Pacific-Norfolk Southern combination to create America’s first transcontinental railroad.

Union Pacific Corporation (NYSE: UNP) today met with customers at the winter meeting of the Midwest Association of Rail Shippers (MARS) to discuss the benefits of the company’s proposed merger with Norfolk Southern and respond to misinformation from opponents.

Union Pacific and Norfolk Southern filed an application with the Surface Transportation Board (STB) requesting approval to combine the two railroads. The companies entered into a merger agreement on July 29, 2025, to create America’s first transcontinental railroad.

Union Pacific Railroad recently announced plans to develop the Mainline Texas Industrial Park, a master-planned, 2,000-acre industrial development just outside Houston.