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Union Pacific, Norfolk Southern agree to merger
OMAHA, NEBRASKA, US — Union Pacific Corp. has agreed to acquire Norfolk Southern Corp. for $85 billion, a merger that would unite two of North America’s Class I freight railroads and major US-based grain shippers to create the country’s first transcontinental railroad.
In 2018 Georgia and Atlanta leaders celebrated a coup: convincing Norfolk Southern to move its headquarters to Midtown Atlanta. Now, that HQ and its jobs could be at risk.
(UP) and Norfolk Southern Corp., major grain shippers and two of the six Class I freight railroads in North America, ...
Union Pacific (UP) is to acquire fellow US Class 1 operator Norfolk Southern (NS), both parties have now confirmed.
Norfolk Southern opened its Midtown headquarters in 2021 as part of one of the city’s largest — and most complicated — incentive deals.
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