CN and Union Pacific sign agreement tied to Union Pacific-Norfolk Southern merger
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Union Pacific and CN Reach Agreement to Expand Customer Opportunities in Connection with Merger
July 22, 2026 6:51 PM EDTMONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) and Union Pacific (NYSE: UNP) announced today that they have signed a binding Memorandum of Understanding establishing a framework for CN to secure competitive access in connection with the proposed transaction between Union Pacific and Norfolk Southern (NYSE: NSC).
The settlement agreement preserves customer options and resolves terminal railroad ownership issues, while expanding CNs presence in the Midwest and reaffirming gateway... More
