All articles tagged with #railroad industry
Originally Published 2 months ago — by Yahoo Finance
Union Pacific reported a 7% increase in Q3 profits, earning $1.79 billion, as its CEO advocates for an $85 billion merger with Norfolk Southern to create the first transcontinental railroad, despite mixed industry opinions and regulatory hurdles.
Originally Published 5 months ago — by AJC.com
Atlanta's potential loss of Norfolk Southern's headquarters, following a possible merger with Union Pacific, raises concerns about job security and community impact, especially for employees who recently relocated to Atlanta. The merger could lead to significant downsizing or relocation of the company's operations and executive staff, threatening the economic and social benefits Atlanta gained from hosting the headquarters.