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 ...

The Freight Rail Customer Alliance today said that it’s opposed to the Union Pacific-Norfolk Southern merger, arguing that ...

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

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

Warren Buffett's Berkshire Hathaway reported less than half as much profit in the second quarter as it took a $3.76 billion ...

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

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, ...