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Union Pacific merges with Norfolk Southern (2026)
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mergerAnnounced · Apr 24, 2026RailroadSource · CredibleArticle · Factual
Norfolk Southern
Union Pacific
Norfolk Southern · Union Pacific

Union Pacific merges with Norfolk Southern

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$85B
Party A
Norfolk Southern
Norfolk Southern
NYSE:NS
Party B
Union Pacific
Union Pacific
Proposed
Status
Proposed

Union Pacific and Norfolk Southern are pursuing a merger. Reported scale / consideration: $85B. Status: Proposed. Sector: Railroad. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-04-24. Figures and status may change as filings and press coverage update.

Business Norfolk Southern, Union Pacific ‘on track’ to refile for merger next week In its latest earnings release, Norfolk Southern also said it sees opportunity in the Iran war impact on fuel costs

Deal timeline

Announced
Apr 24, 2026 · ajc.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Railroad with a reported deal value of $85B. Figures and status may change as sources update.

Sources: ajc.com · Primary article · FireStrike proprietary index