While the report did not confirm which company Union Pacific was looking to acquire, its East Coast counterparts, Norfolk Southern and CSX, gained 2.7% and 4.8%, respectively, in premarket trading.

In morning trading, shares of Norfolk were down 11 cents to $27.81 and shares of CSX were down 22 cents to $31.58. Show Conversation (0) Partner Center ...

Norfolk Southern has agreed to a $600 million settlement to resolve a class action lawsuit related to the train derailment in East Palestine, Ohio, in February 2023. The settlement still needs to ...