CN criticizes Union Pacific-Norfolk Southern merger application

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Go back to CN criticizes Union Pacific-Norfolk Southern merger application

CN Statement on UP-NS Amended Merger Re-Application

April 30, 2026 4:20 PM EDT

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it continues to review Union Pacific and Norfolk Southerns amended merger application submitted to the Surface Transportation Board (STB) and will remain actively engaged in this process.

Despite having addressed certain deficiencies, the Applicants have failed to materially improve the amended application in ways that address the competitive harms of the merger, despite the Surface Transportation Boards clear encouragement to do so. Most notably, they have not remedied the... More