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Business · Video brief

Union Pacific picks up Canadian National’s support for its plan to acquire Norfolk Southern railroad

Union Pacific has secured the backing of Canadian National for its proposed $85 billion acquisition of Norfolk Southern. This major merger aims to establish a transcontinental railroad, but critics are concerned it could monopolize over 40%...

AP News· Jul 23, 2026 · 3:58 PM · 8 views

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Union Pacific has secured the backing of Canadian National for its proposed $85 billion acquisition of Norfolk Southern. This major merger aims to establish a transcontinental railroad, but critics are concerned it could monopolize over 40% of U.S. rail traffic. Full story and more reels: https://newsreel.video #news #breaking #railroads #merger #business

Originally reported by AP News. Read the full story →

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