STB Sets Schedule for UP-NS Merger Review

The Surface Transportation Board has adopted a procedural schedule for the consideration of the revised major merger application filed by Union Pacific and Norfolk Southern.

The decision removes the merger proceeding, including the environmental review, from abeyance and initiates the evaluation of the proposed merger’s merits. Officials said the decision does not constitute a ruling on the merits of the merger application or any issues raised by commenters or in motions filed since Applicants’ July 27 submission.

The STB will address those matters in subsequent decisions.

On May 28, 2026, the board accepted applicants’ revised major merger application for consideration but placed the proceeding in abeyance, requiring Applicants to submit supplemental information. This step ensured the board had the information necessary to thoroughly evaluate the proposed transaction and provided the public with an adequate opportunity to comment on whether it is in the public interest.

Applicants submitted supplemental information to the Board on July 7 and July 27, 2026.

In its decision, the board found that the record is now sufficient to resume the procedural schedule. Officials said this determination is not a finding on the merits of the revised application.

The decision establishes a procedural schedule for public comment on the merits of the proposed merger. The schedule is designed to provide stakeholders and the Board with time to consider the proposal’s potential impacts.

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