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0.00063553936107112 -0.000338954325904637 -0.00118634014066605 -0.00220320311837984 0.000699093297178172 -0.000741462587916326 -0.00300821964240322 -0.00385560545716463
Stock impact report

‘Application day' nears for UP-NS rail merger [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
“The comprehensive application will detail how the end-to-end combination will enhance competition and deliver broad public benefits for America that strengthen our economy and protect union jobs,” UP (NYSE: UNP ) and NS (NYSE: NSC ) said in a release. The acquisition of NS by UP would create a coast-to-coast network with 53,000 miles of track in 43 states. The companies say the single-line routing will shave as much as two days' transit time for freight moving through congested interchange hubs such as Chicago and St. Louis compared to the handoffs of traffic from railroad to railroad. They claim the streamlining means less paperwork and lower costs for shippers. But the deal has been opposed by some shippers who say they'll have fewer options to ship by rail, and warn of operational meltdowns that followed past mergers. The full application expected to run to 4,000 pages will also be posted at up-nstranscontinental.com . The partners have scheduled a call with analysts early Show less Read more
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