U.S. railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union ...

Last month, Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

A merger between Union Pacific and Norfolk Southern would be a huge concentration of market power, limiting competition.

The most recent organization to come out against the deal is the Freight Rail Customer Alliance (FRCA), a group comprised of ...

Seven associations of shippers, or freight railroad customers, have demanded regulators to block or put more conditions on the proposed merger ...

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

Union Pacific and Norfolk Southern have announced a proposed merger to form the United States’ first coast-to-coast freight railway. The transaction, subject to regulatory and shareholder approval, ...

Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...