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Federal Register · Regulatory notice

Union Pacific Corporation and Union Pacific Railroad Company-Control-Norfolk; Southern Corporation and Norfolk Southern Railway Company

The Surface Transportation Board (the Board) is, among other things, accepting for consideration the revised, primary application filed on April 30, 2026 (the Revised Application), by Union Pacific Corporation (UPC) and Union Pacific Railroad Company (UP) (collectively, Union Pacific) and Norfolk Southern Corporation (NSC) and Norfolk Southern Railway Company (NS) (collectively, Norfolk Southern) (Union Pacific and Norfolk Southern collectively, Applicants). The Revised Application seeks Board approval for (i) the acquisition of control by UPC of NSC, and through NSC of NS and NS's rail carrier subsidiaries, and (ii) the resulting common control by UPC of UP and NS and the consolidation of the rail operations of UP and NS. This proposal is referred to as the Transaction. The Board is also accepting a related application. This decision embraces Union Pacific Corp.--Control--Peoria & Pekin Union Railway, Docket No. FD 36873 (Sub-No. 1). However, the Board will hold both proceedings, including the environmental review of the Transaction, in abeyance pending further Board order and will seek supplemental information from Applicants by July 27, 2026.

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Became public
May 29, 2026
Event / period date
May 28, 2026
Collected
Nov 10, 2026, 12:17 PM EST

Why this is connected

The source explicitly mentions UNION PACIFIC CORP. A mention alone does not establish a financial benefit.

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Source evidence

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Number 103 (Friday, May 29, 2026)] [Notices] [Pages 32171-32189] From the Federal Register Online via the Government Publishing Office [ www.gpo.gov ] [FR Doc No: 2026-10751] ======================================================================= ----------------------------------------------------------------------- SURFACE TRANSPORTATION BOARD [Docket No. FD 36873] Union Pacific Corporation and Union Pacific Railroad Company-- Control--Norfolk; Southern Corporation and Norfolk Southern Railway Company AGENCY: Surface Transportation Board. ACTION: Decision No. 21 in Docket No. FD 36873 Notice of Acceptance of Revised Application and a Related Filing; Holding Proceedings in Abeyance; Requiring Supplemental Information; and Ruling on a Communications Motion Related to the Proceedings. ----------------------------------------------------------------------- SUMMARY: The Surface Transportation Board (the Board) is, among other things, accepting for consideration the revised, primary application filed on April 30, 2026 (the Revised Application), by Union Pacific Corporation (UPC) and Union Pacific Railroad Company (UP) (collectively, Union Pacific) and Norfolk Southern [[Page 32172]] Corporation (NSC) and Norfolk Southern Railway Company (NS) (collectively, Norfolk Southern) (Union Pacific and Norfolk Southern collectively, Applicants). The Revised Application seeks Board approval f

Congressional trading in UNP

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Original documents control. Public records can be amended, and company connections may require interpretation. Nothing here is investment advice.

Union Pacific Corporation and Union Pacific Railroad Company-Control-Norfolk; Southern Corporation and Norfolk Southern Railway Company | InsiderDB