STB

CN said it continues to review Union Pacific and Norfolk Southern’s amended merger application submitted to the Surface Transportation Board and will remain actively engaged in this process.

Union Pacific and Norfolk Southern are back at the Surface Transportation Board with an amended merger application, again pitching their tie-up as the deal that will create America’s first “transcontinental” railroad — and insisting the revised filing is even more airtight than the first.

A short but strategically placed rail line in the Tidewater is headed for the chopping block, with the U.S. Navy’s push to buy part of the corridor helping trigger a federal bid to abandon the track and end service.