JOURNAL ARTICLE

Trump Offers Support for Union Pacific, Norfolk Southern Deal.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wingrove, Josh; Dlouhy, Jennifer A. 3 of 3

Abstract

The article discusses President Donald Trump's support for Union Pacific Corp.'s proposed $72 billion acquisition of Norfolk Southern Corp., which is currently under review by the US Surface Transportation Board. Trump referenced a recent derailment incident involving Norfolk Southern in East Palestine, Ohio, and expressed optimism about the merger, stating it could be beneficial. The merger aims to create the first continuous transcontinental railroad in the US, connecting Union Pacific's western network with Norfolk Southern's eastern tracks. The companies are seeking regulatory approval to complete the deal by early 2027, with US regulations requiring that such mergers serve the public interest and enhance competition. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:188102840
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.