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Union Pacific, Norfolk Southern add customer protections to merger plan

First publishedJul 27, 21:04 UTC
Last updatedJul 28, 01:39 UTC · 5m ago
11 outletInvesting.com · Company News
Investing.com · Company News5Union Pacific, Norfolk Southern add customer protections to merger planOpen ↗
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Union Pacific, Norfolk Southern add customer protections to merger plan
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& ATLANTA - Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) submitted enhanced customer protections to the Surface Transportation Board on Monday as part of their pending merger application. The railroads expanded their Committed Gateway Pricing program to double eligible shipments and extended benefits to bulk unit train shippers, according to a press release statement.

Reported by 1 outlet — Investing.com · Company News. See all sources ↓

& ATLANTA - Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) submitted enhanced customer protections to the Surface Transportation Board on Monday as part of their pending merger application. The railroads expanded their Committed Gateway Pricing program to double eligible shipments and extended benefits to bulk unit train shippers, according to a press release statement. The companies described the expansion as equivalent to thousands of haulage agreements in a single commitment. The filing includes commitments to preserve Class I rail options for shippers that would see their choices reduced from three carriers to two, as well as those going from two to one, where legally permissible.

Read the full report at Investing.com · Company News ↗

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& ATLANTA - Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) submitted enhanced customer protections to the Surface Transportation Board on Monday as part of their pending merger application. The railroads expanded their Committed Gateway Pricing program to double eligible shipments and extended benefits to bulk unit train shippers, according to a press release statement.
How widely is it covered?
1 outlet, average source rating 5.0/10.
When was it last updated?
5m ago.
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    Union Pacific, Norfolk Southern add customer protections to merger plan

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    Investing.com · Company News
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organizationAtlantaorganizationNeborganizationNorfolk SouthernorganizationNSCorganizationNYSEorganizationOmahaorganizationUnion PacificorganizationUNP
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