The US Surface Transportation Board denied motions to dismiss the Union Pacific-Norfolk Southern merger without addressing merits, prompting warnings from the America Chemistry Council against viewing
Union Pacific notes soaring diesel prices are shifting freight from trucks to rail, boosting demand despite higher fuel costs for the railroad. The company cites robust underlying business strength an
Norfolk Southern executives warned that rising fuel prices will negatively impact Q3 operating ratios, creating a 250-basis-point headwind, though the company continues to gain freight share and advan
Union Pacific collected $91.1 million more in fuel surcharges than costs in Q2, drawing criticism from shippers while pursuing an $85 billion merger with Norfolk Southern.
The US Surface Transportation Board accepted a revised merger application between Union Pacific and Norfolk Southern but delayed the review to request additional data. Chemical industry trade groups o
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