Creating America’s First Transcontinental Railroad: STB Accepts Union Pacific-Norfolk Southern Merger Application
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The Surface Transportation Board (STB) has accepted the merger application from Union Pacific and Norfolk Southern, keeping their proposed merger alive. The companies have submitted responses to the STB's request for supplemental information as the review process continues. If completed, the merger would reportedly create America's first transcontinental railroad, with estimated annual savings for shippers of $3.5 billion.
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