South Carolina Governor Backs Union Pacific-Norfolk Southern Merger — Norfolk Southern Corporation

Event summary

South Carolina Governor Henry McMaster voiced support for the Union Pacific-Norfolk Southern merger in a letter to the Surface Transportation Board on September 15, 2026.
McMaster cited economic growth, supply chain efficiency, and expanded opportunities for South Carolina businesses as key benefits.
The merger aims to move 2.1 million truckloads off congested highways and reduce costs for consumers.
Over 2,000 stakeholders, including 40 state and local leaders in South Carolina, have expressed support for the transcontinental rail network.

The big picture

The merger between Union Pacific and Norfolk Southern represents a significant shift in the freight transportation landscape, aiming to create a more efficient and expansive rail network. This consolidation could reduce highway congestion, lower consumer costs, and bolster South Carolina's role as a logistics and trade hub. The growing support from stakeholders, including state and local leaders, underscores the strategic importance of this deal in enhancing the U.S. supply chain.

What we're watching

Regulatory Approval: The pace at which the Surface Transportation Board reviews and approves the merger will determine its timeline and potential adjustments.
Economic Impact: How the merger will affect South Carolina's economic growth and supply chain efficiency remains a key focus.
Operational Integration: The ability of Union Pacific and Norfolk Southern to seamlessly integrate their operations and provide better service and greater reach.