UNP · News · 20260901N

Merger Shipper Protections

UNION PACIFIC CORP · 2026-09-01 · Importance 17 · Surprise 24

Agricultural shippers, including ag retailers, elevators, processors, and cooperatives, faced a September 4, 2026 deadline to file notices of intent to participate in the Surface Transportation Board’s review of Union Pacific’s proposed acquisition of Norfolk Southern. The filing would make shippers parties of record and allow them to submit formal comments without taking a position on the transaction, amid opposition from agricultural groups. Union Pacific said the review was entering the merits phase and expected the merger to close by late 2027, while the STB’s procedural review timeline extends into 2027.

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