fromStreetsblog
1 week agoPassenger Rail Is Headed for a Reckoning - and the First 90 Days of 2026 Will Decide It - Streetsblog USA
Let's start with the biggest issue on the horizon: the proposed merger of Union Pacific and Norfolk Southern. Yes, the ultimate decision is about a year away. But sides are lining up for and against, and right now, the Surface Transportation Board, which is colloquially known as STB -- the railroads' economic regulator -- is considering the details of how the rules governing that decision will be applied.
US politics