Surface Transportation Board Calls $85B Rail Merger Application Incomplete Union Pacific and Norfolk Southern's application did not include the full merger agreement and failed to provide information ...

WASHINGTON, D.C. — Union Pacific and Norfolk Southern’s merger application was denied by the Surface Transportation Board last week. The unanimous decision by the board, posted Jan. 16, said the ...

A proposed $85 billion mega-merger between Union Pacific and Norfolk Southern has hit a speed bump, after regulators rejected the application as incomplete. The U.S. Surface Transportation Board (STB) ...

The Surface Transportation Board is sending Union Pacific’s proposed $85 billion merger with Norfolk Southern back to the drawing board. On Jan. 16, the STB rejected the UP’s 6,700-page application ...

While the possibility of the historic, proposed $85 billion merger between Class I railroads Union Pacific (UP) and Norfolk Southern (NS) remain intact, the deal received a setback late last week, in ...

A proposal for a megamerger, joining Union Pacific and Norfolk Southern railroads, was tossed by federal regulators Friday because it “does not contain certain information” required by the government.

Rio Tinto and Glencore are discussing an all-share merger that would create the world's largest mining group, valued at around £190bn. The primary motivation for the potential tie-up is the ...

The negotiations come amid an increase in deal-making across the mining industry as demand for copper and other metals soars. By Michael J. de la Merced Reporting from London Two giants of the mining ...

Four of the nation’s largest railroads hope to throw a wrench in plans by rivals Union Pacific and Norfolk Southern to merge into one huge freight carrier. Officials with BNSF, CPKC, CSX and CN ...

The Surface Transportation Board (STB) “should reject the efforts of a few parties … to delay and prolong this proceeding by claiming the [recently filed Union Pacific-Norfolk Southern] Application ...