Federal Register #FD 36873

STB Regulatory Notice: Union Pacific and Norfolk Southern Rail Consolidation

This opportunity involves a regulatory notice from the Surface Transportation Board (STB) regarding the proposed acquisition and consolidation of rail operations between Union Pacific Corporation (UPC) and Norfolk Southern Corporation (NSC). - Government Buyer: - Surface Transportation Board (STB), a federal agency overseeing rail transportation - Transaction Details: - Proposed acquisition of control by Union Pacific Corporation of Norfolk Southern Corporation and its subsidiaries - Consolidation of rail operations between Union Pacific Railroad Company and Norfolk Southern Railway Company - Procedural Actions: - Adoption of a procedural schedule for review - Requirements for resubmission of certain workpapers - Rulings on procedural requests - Multiple deadlines for filings, comments, and scheduling of a public hearing - Notable Requirements: - Major transaction involving two Class I railroads - Focused on regulatory review and procedural scheduling - No procurement of products or services is requested; no OEMs, vendors, or purchase quantities are mentioned.

Description

This notice concerns a regulatory decision by the Surface Transportation Board regarding the acquisition of control by Union Pacific Corporation of Norfolk Southern Corporation and its subsidiaries, resulting in common control and consolidation of rail operations. The Board has adopted a procedural schedule, directed resubmission of certain workpapers, and ruled on procedural requests. The proceedings include multiple deadlines for filings and comments, with a public hearing to be scheduled later. The transaction is significant as it involves two Class I railroads and is considered a major transaction under federal regulations.

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