Railroad consolidation push: Union Pacific proposes $85bn merger...

Railroad consolidation push: Union Pacific proposes $85bn merger with Norfolk Southern to create first US transcontinental network; STB nod seen as key hurdle

نشر بتاريخ

Union Pacific proposed to acquire Norfolk Southern for $85 billion. This deal aims to create a coast-to-coast freight railroad. The merger requires regulatory approval. It could reshape US freight logistics. Norfolk Southern's shareholders would receive cash and Union Pacific shares. The combined entity anticipates new revenue and cost savings. The companies will spend two years on integration plans.

Read Full Article

جارٍ التحميل...

الرجاء تسجيل الدخول , للأعجاب والمشاركة والتعليق على هذا!

National

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

بواسطة 0 13

Sports

Watch: Crawley tries to force another 'grow some f***ing balls' moment; Gill reacts

Tension gripped The Oval as India and England battled in the final Test. Zak Crawley's attempts...

بواسطة 0 30

National

Bagmati Chief Minister Lama expected to resign today

HETAUDA: Bagmati Province Chief Minister (CM) Bahadur Singh Lama is expected to resign from his...

بواسطة 0 43

National

Bhojpur’s Panchdhare Bazaar at risk as landslides threaten settlement

BHOJPUR: Panchdhare Bazaar in Temkemaiyung Rural Municipality-9, Bhojpur, is facing a...

بواسطة 0 43

Entertainment

'Kingdom' mints over Rs 33 crore in the domestic market

Vijay Deverakonda's spy thriller 'Kingdom,' directed by Gowtam Tinnanuri, is performing steadily...

بواسطة 0 43