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Union Pacific CEO Jim Vena said on Wednesday he was confident that the railroad operator would receive a merger approval from the U.S. administration over its deal with Norfolk Southern.
Norfolk Southern Corporation (NYSE:NSC ) Morgan Stanley's 13th Annual Laguna Conference September 10, 2025 10:00 AM EDT Company Participants Mark George - President, CEO & Director Ed Elkins - Executive VP & Chief Commercial Officer Conference Call Participants Ravi Shanker - Morgan Stanley, Research Division Presentation Ravi Shanker MD & Lead Analyst Amazing. So well, that's loud.
ATLANTA , Sept. 5, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and CEO Mark George and Executive Vice President and Chief Commercial Officer Ed Elkins will participate in a fireside chat at the Morgan Stanley 13th Annual Laguna Conference.
CNBC's Becky Quick reports on the latest news.
Money is ruthless. The genius of compound returns vivifies the previous truth.
America's industrial engine is built on logistics. Nowhere is this more apparent than in the petrochemical sector, where the ability to move high-value commodities like oil, natural gas, and other petroleum products efficiently across the country and to the world can make or break a company's bottom line.
Seven associations of shippers have reportedly expressed concern the planned deal would significantly increase the power of the merged railroad to raise prices or reduce service standards.
U.S. railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern , the Financial Times reported on Sunday.
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Norfolk Southern Corporation (NYSE: NSC ) related to its sale to Union Pacific Corporation for 1.0 Union common stock and $88.82 in cash for each share of Norfolk. Is it a fair deal?
Senate Democratic Leader Chuck Schumer criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal to create the first U.S. coast-to-coast freight rail operator.