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7/7/2026
Union Pacific Corp. and Norfolk Southern Corp. today submitted the first portion of responses to the Surface Transportation Board's (STB) request for supplemental information to support the companies' merger application.
The STB accepted UP-NS' revised merger application on May 28, with a caveat that the railroads submit more information to the board by July 27. The railroads' first application was rejected on Jan. 16 because it did not contain enough information for the board to evaluate if the proposed $85 billion transaction is in the public's interest.
Today's filing with the STB addresses the board's questions regarding the Terminal Railroad Association of St. Louis, Kansas City Terminal Railway and TTX Co., UP officials said in a press release. These entities are jointly owned with other Class Is, operated by independent management teams and governed by non-discrimination policies. UP and NS do not control those companies today and "remain firm in their commitment that they will not control them post-merger," they added.
Responses to the STB's other requests for information will follow by July 27, UP officials said.