Regulators say Union Pacific, Norfolk Southern merger paperwork is incomplete [View all]
Source: Omaha World Herald
Justin Diep Jan 17, 2026 Updated 2 hrs ago
Federal rail regulators rejected Union Pacific's $85 billion merger with Norfolk Southern, saying its application is incomplete.
The U.S. Surface Transportation Board unanimously ruled Friday that Union Pacific and Norfolk Southern’s nearly 7,000-page merger application filed in December was missing projections of market share and impact on competition.
The board rejected the application without prejudice, meaning Union Pacific has until Feb. 17 to notify the board if it wants to refile with corrections.
A Union Pacific spokesperson told The World-Herald on Saturday that the company intends to provide the additional information requested by the board.
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