Union Pacific, Norfolk Southern
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Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
Q2 2025 Management View CEO Vincenzo James Vena highlighted, "Union Pacific reported 2025 second quarter earnings per share of $3.15. We had 2 unusual and offsetting items in the second quarter: a deferred tax benefit;
Railroad Union Pacific reported a strong second quarter. Mergers and acquisitions in the sector have been in headlines as of late.
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.