Union Pacific merges with Norfolk Southern

Union Pacific and Norfolk Southern are pursuing a merger. Reported scale / consideration: $85B. Status: Proposed. Sector: Railroad. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-05-13. Figures and status may change as filings and press coverage update.

UP- NS say revised merger application is ‘ comprehensive and complete ’ Merger partners rebut rivals’ calls to reject filing · Wednesday, May 13, 2026 Norfolk Southern and Union Pacific locomotives lead an NS train into Danville, Ill., on Union Pacific and Norfolk Southern defended the complete ness of their revised merger application in a filing with the Surface Transportation Board, saying it is comprehensive and complete ” while rebutting comments that called for the board to reject the amended application