Union Pacific CEO says he is 99.99% confident merger will win approval
UNP•Union Pacific CEO Jim Vena reiterated 99.99% confidence that its merger with Norfolk Southern will be approved. The Surface Transportation Board set May 28, 2027, as the deadline to complete information gathering on the merger.
1. Merger review timeline
The proposed combination aims to shift 2.1 million truckloads annually from roads to rail by eliminating handoffs and accelerating deliveries. Union Pacific said unionized employees at the time the merger is completed are guaranteed employment under the same collective bargaining agreement for as long as they wish.
