Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger
October 23, 2025
Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals. The Omaha, Nebraska-based railroad said it earned $1.788 billion, or $3.01 per share in the quarter. Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad.  Norfolk Southern will report its earnings Thursday afternoon. Union Pacific CEO Jim Vena wrote a letter to employees reiterating that he thinks the merger is great for America because it would enable the railroad to deliver goods more quickly and help the companies that rely on its deliveries of raw materials and finished products.