Union Pacific & Norfolk Southern Offer New Customer Assurances In Merger Application To STB
UNP•Merger application includes new customer assurances
July 27 (Reuters) - Union Pacific Corp and Norfolk Southern said they are affirming the strength of their merger application and offering unprecedented new customer assurances.
- The merger would double eligible shipments under committed gateway pricing.
- Customers would receive temporary alternative rail access if service declines during integration.
- The merger commits to preserve Class I rail options for 3-to-2 and 2-to-1 shippers.
- Union Pacific would transfer Norfolk Southern's TRRA and KCT interests to CN.
- Customers would gain access to a new rate relief process if merger benefits are delayed.
- The companies expect merger completion in mid-2027.
