Union Pacific, Norfolk Southern submit first STB merger responses
Union Pacific Corporation and Norfolk Southern Corporation submitted the first portion of their responses to the Surface Transportation Board’s May 28, 2026, request for additional information to support their accepted merger application. The filing addresses the STB’s questions regarding the Terminal Railroad Association of St. Louis (TRRA), Kansas City Terminal Railway (KCT), and TTX Company, stating they do not control these entities and will not control them post-merger. The companies project the merger could save shippers an estimated $3.5 billion annually by creating a single-line transcontinental rail service.

*this image is generated using AI for illustrative purposes only.
Union Pacific Corporation and Norfolk Southern Corporation submitted the first portion of their responses to the Surface Transportation Board’s (STB) May 28, 2026, request for additional information to support their accepted merger application. The filing addresses the STB’s questions regarding the Terminal Railroad Association of St. Louis (TRRA), Kansas City Terminal Railway (KCT), and TTX Company. These entities are jointly owned with other Class I railroads, operated by independent management teams, and governed by non-discrimination policies. Union Pacific and Norfolk Southern stated they do not control these companies and committed to not controlling them post-merger, offering options to the STB up to and including divestiture.
The filing specifically alleges that other Class I railroads opposing the merger are using the TRRA to delay the process. The companies noted that a special meeting called by TRRA’s corporate secretary to discuss reducing Union Pacific’s ownership was attended only by Union Pacific and Norfolk Southern board members, while representatives from BNSF, CSX, and Canadian National did not appear.
Projected Merger Benefits
Connecting the end-to-end networks of Union Pacific and Norfolk Southern aims to create a single-line transcontinental rail service. The companies project this shift from truck to rail could save shippers an estimated $3.5 billion annually. The merger is intended to provide a stronger alternative to long-haul trucking and increase competitiveness within the supply chain.
Regulatory Timeline
The STB accepted the Union Pacific-Norfolk Southern merger application as complete on May 28, 2026. The companies are working toward a mid-2027 completion and have committed to submitting responses to the STB’s remaining requests for additional information by July 27, 2026.
| Entity | Status | Commitment |
|---|---|---|
| Terminal Railroad Association of St. Louis (TRRA) | Jointly owned | No control post-merger; divestiture possible |
| Kansas City Terminal Railway (KCT) | Jointly owned | No control post-merger |
| TTX Company | Jointly owned | No control post-merger |
How will the STB evaluate the allegations that rival railroads are using the TRRA to delay the merger process?
What specific criteria might trigger the companies to proceed with divestiture of the TRRA, KCT, or TTX?
How will competing Class I railroads adjust their strategies if the merger creates a dominant single-line transcontinental service?




























