UPDATED: AGREEMENT HAS BEEN SIGNED

Biggest rail freight merger in US history estimated at 72 billion dollars

Union Pacific plans to acquire Norfolk Southern. Image/ Shutterstock.
Union Pacific plans to acquire Norfolk Southern. Image: Shutterstock. © sockagphoto

Union Pacific (UP) and Norfolk Southern (NS), two of the largest operators in the United States, agreed on joining forces to create “America’s first transcontinental railroad”. First estimates say that UP values NS around 72 billion dollars (62 billion euros).

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Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

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