Union Pacific and Norfolk Southern Propose Landmark Merger

Reuters01-15
Union Pacific and Norfolk Southern Propose Landmark Merger

Union Pacific and Norfolk Southern have proposed a landmark merger to create the nation’s first coast-to-coast railroad. The companies estimate that this combination will result in approximately 900 net new union jobs to accommodate anticipated growth in rail demand. The proposal was highlighted during a visit by U.S. Labor Secretary Lori Chavez-DeRemer to Union Pacific’s facilities, where the focus was on workforce development and job creation tied to the expected expansion.

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