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UP, NS Notify STB of Intent to File Merger Application

(STB)
Union Pacific Corporation (UPC) and Union Pacific Railroad Company (UP) and Norfolk Southern Corporation (NSC) and Norfolk Southern Railway Company (NS) have notified the Surface Transportation Board (STB) of their intent to file an application seeking authority for the acquisition of control by UPC, through its wholly owned subsidiary Ruby Merger Sub 1 Corporation, of NSC, and for the resulting common control by UPC of UP and NS.

According to the STB’s receipt of the two Class I’s prefiling notification (download below), UP and NS have indicated that 2023 will be the base year for their impact analysis and that they anticipate filing their application on or before Jan. 29, 2026.