Union Pacific receives CN’s support for acquisition plan
July 23, 2026 10:22 am, EDT Norfolk Southern and Union Pacific freight locomotive in Burnside, Ky. (Luke Sherratt/Bloomberg News) key takeaways: Union Pacific secured Canadian National’s support for its proposed $85 billion acquisition of Norfolk Southern through concessions announced on July 23. The merger would create the first American transcontinental railroad and critics say it
