Union Pacific kicks off regulatory review for $85 bln coast‑to‑coast rail merger

Group 1 - Union Pacific and Norfolk Southern have submitted a nearly 7,000-page merger application to the U.S. Surface Transportation Board (STB) [1] - The submission initiates a 30-day period during which the STB can request additional information or hold hearings regarding the merger [1] - This merger could significantly impact the freight transportation industry, potentially leading to increased efficiency and market consolidation [1]