OMAHA, Neb. (AP) — Both Union Pacific and Norfolk Southern delivered solid profits Thursday as the railroads continued to make the case for their proposed merger.
Both railroads reported profits that beat Wall Street expectations. Union Pacific wants to buy Norfolk Southern in a $85 billion deal.
Union Pacific CEO Jim Vena says the merger is great for America because it would speed up deliveries and benefit the companies that rely on its deliveries of raw materials and finished products…