Union Pacific Eyes Norfolk Southern Deal
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BNSF Railway and Union Pacific ( NYSE: UNP) have networks that connect the West Coast to the central and Midwest regions but do not, by themselves, offer uninterrupted coast-to-coast coverage. Meanwhile,
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
The Justice Department and Norfolk Southern have reached a settlement in principle regarding the railroad’s handling of Amtrak’s Crescent. Government lawyers disclosed the agreement in a court filing last week,