Union Pacific Targets First-Half 2027 Closing for Transcontinental Railroad Deal

Reuters01-27
Union Pacific Targets First-Half 2027 Closing for Transcontinental Railroad Deal

Union Pacific is progressing toward the creation of America's first transcontinental railroad, aiming to connect the entire United States with enhanced service offerings. The company is currently working through a regulatory review process and has responded to additional information requests from the Surface Transportation Board. Union Pacific expects to refile its application in the coming weeks and maintains its target to close the transaction in the first half of 2027. As part of the transaction, every unionized employee working on the day the deal closes is guaranteed a job for life.

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