NYSE:NSCTransportation
Coalition Challenge And Steam Tour Shape Norfolk Southern Merger Outlook
Rival freight railroads have formed a coalition to oppose the proposed Union Pacific and Norfolk Southern (NYSE:NSC) merger, arguing it could affect competition and supply chains.
Union Pacific and Norfolk Southern are preparing to submit a revised merger application to regulators, signaling a new phase in the review process.
Separately, the two companies are partnering on a historic steam locomotive tour across the eastern United States, putting a spotlight on their operational ties and...