UP & NS ‘affirm strength of merger application’ and offer ‘unprecedented new customer assurances’

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UP & NS ‘affirm strength of merger application’ and offer ‘unprecedented new customer assurances’

AI Summary

Union Pacific and Norfolk Southern have reaffirmed their merger application by offering unprecedented new customer protections as part of their supplemental information to the Surface Transportation Board. This comes amid efforts to enhance regulatory approval for the rail merger in the United States.

PRESS RELEASE  Union Pacific and Norfolk Southern Affirm Strength of Merger Application and Offer Unprecedented New Customer Assurances OMAHA, Neb. & ATLANTA–(BUSINESS WIRE)–Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) today enhanced their merger application by offering customer protections that go beyond those provided in any prior rail merger. The new commitments are provided with the supplemental information requested by the Surface Transportation Board (STB) ... The post UP & NS ‘affirm strength of merger application’ and offer ‘unprecedented new customer assurances’ appeared first on The Loadstar.

Markets Deals Shipping rail merger Union Pacific Norfolk Southern customer assurances Surface Transportation Board rail industry

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