Rail Transportation(IN00266.US)

Last Updated 19:00:00 ET
longbridge loading
Company Encyclopedia
View More
name
Rail Transportation
IN00266.US
News
View More

Union Pacific and Norfolk Southern Propose Landmark Merger

Union Pacific and Norfolk Southern have proposed a merger to create the first coast-to-coast railroad in the U.S. This merger is expected to generate around 900 new union jobs due to anticipated growth in rail demand. The proposal was discussed during a visit by U.S. Labor Secretary Lori Chavez-DeRemer, emphasizing workforce development and job creation linked to the expansion.

Reuters·
US
UNP
-0.94%
US
NSC
-0.63%
Reuters·
US
UNP
-0.94%
US
NSC
-0.63%

Ashton Thomas Securities LLC Increases Stock Position in Union Pacific Corporation $UNP

Ashton Thomas Securities LLC increased its stake in Union Pacific Corporation (NYSE:UNP) by 97.2% in Q3, owning 16,422 shares valued at $3.88 million. Other investors also raised their positions, with Envestnet Portfolio Solutions increasing by 10.6% and Commerzbank by 26.4%. Union Pacific's stock opened at $229.08, with a market cap of $135.88 billion and a P/E ratio of 19.46. The company reported $3.08 EPS for the last quarter, exceeding estimates, and announced a quarterly dividend of $1.38, yielding 2.4%.

Market Beat·
US
UNP
-0.94%
Market Beat·
US
UNP
-0.94%

CSX Corp. Stock Outperforms Competitors On Strong Trading Day

CSX Corp. shares rose 1.16% to $35.63 on a challenging trading day for the market, outperforming competitors like Union Pacific and Norfolk Southern. The S&P 500 and Dow Jones fell by 0.19% and 0.80%, respectively. CSX is currently 5.09% below its 52-week high of $37.54. Trading volume was 11.5 million, slightly below the 50-day average of 12.6 million.

Dow Jones·
US
CSX
+1.54%
Dow Jones·
US
CSX
+1.54%

Canadian National files with US regulator for more details on Union Pacific-Norfolk deal

Canadian National (CNR.TO) has filed a motion with the U.S. Surface Transportation Board requesting Union Pacificand Norfolk Southernto provide more details on their proposed $85 billion merger. The merger aims to create the first U.S. coast-to-coast railroad but has faced criticism for lacking transparency regarding its competitive impact. The review process could take 12 to 18 months, with regulatory scrutiny expected to be intense. BMO Capital Markets analyst noted elevated regulatory uncertainty despite potential earnings benefits.

Reuters·
US
CNI
+0.30%
Reuters·
US
CNI
+0.30%

CN Files Motion to Force Disclosure in UP-NS Merger Review | CNI Stock News

CN has filed a motion with the Surface Transportation Board to compel Union Pacific and Norfolk Southern to disclose additional information regarding their proposed merger. CN argues that the applicants have not adequately assessed competitive harms and have failed to provide necessary market analyses, projections, and a complete network map. The motion emphasizes the need for transparency and compliance with new merger rules to ensure a thorough public-interest and competition analysis.

StockTitan·
US
NSC
-0.63%
US
UNP
-0.94%
StockTitan·
US
NSC
-0.63%
US
UNP
-0.94%
Posts
View More

Some movers today up over 2.5% or more $FTAI Aviation(FTAI.US) $Ondas(ONDS.US) $AdvisorShares Pure US Cannabis ETF(MSOS.US) $AST SpaceMobile(ASTS.US) $Unusual Machines(UMAC.US) $Zeta Global(ZETA.US) ...............

FTAI Aviation is tapping Palantir’s AI to cut aircraft engine repair times, and the NHS is widening its use of AIP for hospital performance and workforce training. Palantir is Expanding Into Every Cor...

New notable Politician Trade Alert🚨

Rep. Tony Wied (R) just filed $1.6M of new stock trades and two raised flags of potential conflicts of interest

Selling ~$200K of Tractor Supply $Tractor Supply(TSCO............
  • 0
© 2026 Longbridge｜Disclaimer