UP, NS push for Swift Merger Review
Eager to tie the knot, Union Pacific and Norfolk Southern have asked federal regulators for a faster review of their proposed transcontinental merger, Trains has learned.
The Surface Transportation Board in September proposed a roughly 390-day schedule to review the railroads’ $85 billion deal. The calendar includes wiggle room that would allow the board to adjust the timing of public hearings, its final decision, and the date the decision would become effective.
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