Union Pacific Railroad is in advanced discussions for a potential merger with Norfolk Southern Railway, as confirmed by CEO Jim Vena during a recent earnings call. While no agreement is guaranteed, talks are ongoing, and further comments will be withheld until there is something substantial to report. This announcement follows the recent merger of Canadian Pacific and Kansas City Southern, which connected rail networks across North America. Additionally, Norfolk Southern has collaborated with BNSF Railway to enhance transit times through an intermodal service.
Source: https://www.supplychaindive.com/news/union-pacific-norfolk-southern-merger/753995/