Union Pacific, CN sign pact giving CN access rights tied to proposed Norfolk Southern merger

Reuters2026/07/22 23:09

By:Reuters

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Union Pacific and CN signed a binding memorandum setting terms for CN access tied to the proposed Union Pacific–Norfolk Southern merger.
CN would gain competitive access where shipper rail options fall from 2-to-1 or 3-to-2, subject to operational feasibility.
CN would acquire Norfolk Southern stakes in Kansas City Terminal Railway and the Terminal Railroad Association of St. Louis.
CN would receive Midwest operating rights, including Tuscola–East St. Louis overhead rights and customer access between St. Louis and Kansas City.
CN agreed not to oppose the Union Pacific–Norfolk Southern deal, with implementation contingent on approval and closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UP - Union Pacific Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607221909BIZWIRE_USPR_____20260722_BW447275) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Union Pacific, CN sign pact giving CN access rights tied to proposed Norfolk Southern merger

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