(RTTNews) - Tuesday, Union Pacific Corp. (UNP) and Norfolk Southern Corp. (NSC) announced that the Surface Transportation Board or STB has unanimously denied merger opponents' requests to dismiss the companies' revised merger application. This move allows the board to continue its review of the most comprehensive merger analysis ever submitted in support of a major rail transaction. The facts provided in the application suggest that a seamless, coast-to-coast railroad will provide customers with more efficient and affordable freight transportation options and remove more than 2 million truckloads from taxpayer-funded highways.
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