Union Pacific
UNP · NYSE
Legal name Union Pacific Corporation - Class I freight railroad
NOTABLEUnion Pacific CEO Jim Vena said in an October 6, 2026 interview with Fox Business that he is "99.99%" confident regulators will approve the railroad's proposed $85 billion merger with Norfolk Southern, arguing the combined network would cut 24-48 hours of transit time by eliminating interchange delays.source → https://www.freightwaves.com/news/union-pacific-ceo-99-99-confident-rail-merger-will-win-approval
NOTABLEThe International Brotherhood of Electrical Workers (IBEW) announced on October 6, 2026 that it opposes the Union Pacific-Norfolk Southern merger after talks with UP on worker protections (craft jurisdiction, forced relocations, subcontracting) broke down; IBEW's opposition brings rail unions representing about 70.3% of organized rail workers at the two companies into opposition to the deal.source → https://www.trains.com/pro/freight/class-i/ibew-becomes-latest-union-to-oppose-up-ns-merger/