The delivery giant is posting impressive sales growth, but a tangle of new expenses has investors hitting the brakes.
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Union Pacific CEO Jim Vena stated the company can afford its $85 billion Norfolk Southern merger without federal investment. The post UP CEO says no thanks to potential government investment in $85B merger appeared first on FreightWaves.
Opponents of a controversial transcontinental rail merger hailed the House transportation appropriations committee’s backing of a ‘rigorous’ review of the deal by federal regulators. The post House endorses 25-year old rules for rail merger review appeared first on FreightWaves.
(Updates with Union Pacific and Norfolk Southern comments in the second and third paragraphs and sto
The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.
The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.
A group of Attorneys General are again urging federal regulators to reject the application for the Union Pacific-Norfolk Southern transcontinental rail merger. The post Attorney Generals urge STB to reject new rail merger application appeared first on FreightWaves.