NYSE:NSCTransportation
Norfolk Southern (NSC) Gets Canadian National Backing For Union Pacific Merger
Canadian National agreed not to oppose the pending Union Pacific and Norfolk Southern (NYSE:NSC) merger.
The companies entered a Memorandum of Understanding to expand cross network connectivity across North America.
The understanding includes broader operating rights for Canadian National across routes linked to Norfolk Southern and Union Pacific.
Norfolk Southern is one of the major Class I railroads in the United States and plays a central role in freight movements across the eastern part...