Reports say Union Pacific looking at Norfolk Southern deal
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A roundup of this week’s most read articles
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This is Stuart Chirls, staff writer covering railroads for FreightWaves and Trains.com. This week’s Bulletin Orders: Let the Class I merger chatter commence … Union Pacific reportedly looking at deal for Norfolk Southern … same for BNSF-CSX … long decline of carload freight parallelling weaker U.S. manufacturing makes organic growth problematic … Class I cost-cutting may have run its course to boost shareholder return … U.S. reset of world trade a concern for intermodal, which would account for more than half of combined UP-NS volumes …
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The proposed merger between Union Pacific and Norfolk Southern would fundamentally reshape the U.S. railroad landscape, creating a single-line transcontinental network poised to redefine freight logistics and transportation.
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Much at stake for Vena, Buffett, and STB’s Fuchs
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Transport veterans join STB as merger talk grows louder
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Lower costs helped improve income amid weaker revenues
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The deal boost’s Hub’s position in refrigerated intermodal containers
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