Union Pacific and Norfolk Southern submit response documents regarding merger matters to the Surface Transportation Board
- Golden Ten Data July 8｜Union Pacific and Norfolk Southern submitted the first batch of response documents to the Surface Transportation Board (STB) regarding the supplemental information requests for their merger application. The submitted documents address issues related to the St. Louis Terminal Railroad Association (TRRA), Kansas City Terminal Railway Company, and TTX Company. These entities are jointly owned by several major railroad companies and operated by independent management teams. Both companies stated that they do not currently control these entities and will not implement control after the merger is completed, while providing multiple disposal plans to STB, including asset divestment.
- The two companies expect that this merger will save shippers about $3.5 billion annually, mainly stemming from the opportunity to shift freight from road to rail. After the merger, a transcontinental single-line rail service will be formed, connecting Union Pacific’s network covering 23 western states with Norfolk Southern’s network covering 22 eastern states.
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