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Union Pacific, Norfolk Southern plan divestitures to win over US rail regulator

By Curtis Eichelberger ( January 5, 2026, 19:16 GMT | Insight) -- Union Pacific and Norfolk Southern told the US rail regulator they will divest portions of their shares in the Peoria and Pekin Union Railway Company, the Terminal Railroad Association of St. Louis and TTX Company. Some competitors have taken issue with their plans, which were disclosed Dec. 19 in a merger application with the US Surface Transportation Board.Union Pacific and Norfolk Southern told the US rail regulator that they will divest portions of their shares in the Peoria and Pekin Union Railway Company, the Terminal Railroad Association of St. Louis and TTX Company....

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