[Federal Register Volume 90, Number 185 (Friday, September 26, 2025)]
[Notices]
[Pages 46455-46456]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-18753]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36873]


Union Pacific Corporation and Union Pacific Railroad Company--
Control--Norfolk Southern Corporation and Norfolk Southern Railway 
Company

AGENCY: Surface Transportation Board.

ACTION: Decision No. 5 in Docket No. FD 36873; notice of proposed 
procedural schedule and request for comments.

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SUMMARY: The Surface Transportation Board (Board) invites public 
comments on a proposed procedural schedule for this proceeding. On July 
30, 2025, Union Pacific Corporation (UPC) and Union Pacific Railroad 
Company (UP) (collectively, Union Pacific) and Norfolk Southern 
Corporation (NSC) and Norfolk Southern Railway Company (NS) 
(collectively, Norfolk Southern) (Union Pacific and Norfolk Southern 
collectively, Applicants) filed a notice of intent to file an 
application seeking authority for the acquisition of control by UPC, 
through its wholly owned subsidiary Ruby Merger Sub 1 Corporation, of 
NSC and, through it, NS, and for the resulting common control by UPC of 
UP and NS.

DATES: Written comments on the Board's proposed procedural schedule are 
due by October 16, 2025.

ADDRESSES: Any filing submitted in this proceeding, referring to Docket 
No. 36873, must be filed with the Board either via e-filing on the 
Board's website or in writing addressed to: Surface Transportation 
Board, 395 E Street SW, Washington, DC 20423-0001. In addition, one 
copy of each filing must be sent (and may be sent by email only, if 
service by email is acceptable to the recipient) to each of the 
following: (1) Secretary of Transportation, 1200 New Jersey Avenue SE, 
Washington, DC 20590; (2) Attorney General of the United States, c/o 
Assistant Attorney General, Antitrust Division, Room 3109, Department 
of Justice, Washington, DC 20530; (3) UP's representative, Michael L. 
Rosenthal, Covington & Burling LLP, One CityCenter, 850 Tenth Street 
NW, Washington, DC 20001; (4) NS's representative, Raymond A. Atkins, 
Sidley Austin LLP, 1501 K Street NW, Washington, DC 20005; (5) any 
other person designated as a Party of Record on the service list; and 
(6) the administrative law judge assigned in this proceeding, the Hon. 
Jenifer Soulikias, at [email protected].

FOR FURTHER INFORMATION CONTACT: Nathaniel Bawcombe at (202) 915-3555. 
If you require an accommodation under the Americans with Disabilities 
Act, please call (202) 245-0245.

SUPPLEMENTARY INFORMATION: On July 30, 2025, concurrent with their 
notice of intent to file an application, Applicants filed a petition to 
establish a procedural schedule. Applicants' proposed procedural 
schedule provides for a 390-day period between the date an application 
is filed and the date on which the Board would serve its final decision 
on the merits. (Pet., App. A.) Applicants' proposed schedule includes a 
longer comment period than the one listed in 49 U.S.C. 11325, extending 
the due date for written comments to the date that responsive 
(including inconsistent) applications would be due. Applicants also 
propose a 90-day period for the filing of responses to comments on the 
primary application, rebuttals in support of the primary application, 
responses to protests, requests for conditions, and other opposition, 
and responses to responsive (including inconsistent) applications. 
Applicants state that the proposed procedural schedule ``is in line 
with those in prior major merger proceedings,'' and provides ample time 
for comments and the Board's review. (Id. at 2.)
    Given the high level of interest in this proceeding, and the 
potential for numerous and highly complex issues to arise, the Board 
proposes extending the period to file written comments and providing a 
corresponding 90-day period to file responses, as Applicants have 
proposed. The Board also proposes modifications to Applicants' proposed 
schedule. Specifically, for preliminary comments from the U.S. 
Department of Justice (DOJ) and U.S. Department of Transportation 
(DOT), the Board proposes to conform to the time frame set forth in 49 
U.S.C. 11325. Additionally, the Board's proposed schedule provides that 
any necessary public hearing or oral argument would be held on a date 
to be determined later in the proceeding.
    Therefore, the Board proposes the following procedural schedule: 
\1\
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    \1\ Substantive filings not contemplated by the procedural 
schedule are disfavored. Evidence attached to filings that are not 
contemplated by the procedural schedule will not necessarily be 
considered in any Board decision on the merits.

F Primary application and any related application(s) filed.\2\
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    \2\ ``F'' designates the filing date of the application, and 
``F+n'' means ``n'' days following that date.
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F+30 Board notice of acceptance of primary application\3\ and any 
related application(s) to be published in the Federal Register.\4\
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    \3\ Should the Board reject the primary application as 
incomplete, the Board would serve a decision rejecting the 
application by this date and the remainder of the procedural 
schedule would be nullified.
    \4\ Applicants propose that the Board assign an administrative 
law judge to handle discovery matters by this date. The proposed 
deadline is unnecessary because the Board's August 28, 2025 decision 
assigned and authorized Judge Soulikias to entertain and rule upon 
discovery matters and to resolve initially all disputes concerning 
discovery in this proceeding.

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[[Page 46456]]

F+45 Notices of intent to participate due.
F+60 Proposed Safety Integration Plan (SIP) due.\5\
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    \5\ Preparation of a SIP is required under 49 CFR 1106.4.
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F+75 Descriptions of anticipated responsive, including inconsistent, 
applications due. Petitions for waiver or clarification with respect to 
such applications due.
F+115 Responsive environmental information and environmental verified 
statements for responsive, including inconsistent, applicants due.
F+120 Comments, protests, requests for conditions, and any other 
evidence and argument in opposition to the primary application or any 
related application(s) due (except filings from DOJ and DOT). 
Responsive, including inconsistent, applications due.
F+135 Preliminary comments from DOJ and DOT, if any, due.
F+150 Notice of acceptance of responsive, including inconsistent, 
applications, if any, published in the Federal Register.
F+210 Responses to comments (including those of DOJ and DOT, if any), 
protests, requests for conditions, and other opposition due. Rebuttal 
in support of the primary application and any related application(s) 
due. Responses to responsive, including inconsistent, applications due.
F+240 Rebuttals in support of responsive, including inconsistent, 
applications due.
F+270 Final briefs due.\6\
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    \6\ The Board will also provide page limits for final briefs in 
a later decision after the record has been more fully developed.
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TBD Public hearing (if necessary).\7\ (Close of the record.)
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    \7\ See 49 U.S.C. 11324(a) (``The Board shall hold a public 
hearing unless the Board determines that a public hearing is not 
necessary in the public interest.'').
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TBD Service date of final decision.\8\
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    \8\ Applicants' proposed schedule includes dates for the 
issuance of the Board's final decision and the effectiveness of that 
decision. The Board will issue its final decision in accordance with 
49 U.S.C. 11325(b)(3) (requiring a final decision to be issued 
within 90 days of the close of the evidentiary record).

    The Board invites all interested persons to submit written comments 
on the procedural schedule proposed here.\9\ Comments must be filed by 
October 16, 2025. The dates proposed in this decision are subject to 
change depending on the comments received or other circumstances.\10\ 
Should the Board accept an application in this proceeding, the Board 
anticipates that it would adopt a procedural schedule in that decision.
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    \9\ Applicants' August 29, 2025 motion to permit ex parte 
stakeholder communications remains pending; therefore, written 
comments on the Board's proposed procedural schedule may propose 
both a schedule that includes a time frame for ex parte 
communications and an alternative schedule that does not permit such 
communications. Written comments should not address the merits of 
Applicants' August 29, 2025 motion, as replies to that motion were 
due on September 22, 2025.
    \10\ The Board's regulations provide that a time period, except 
those provided by law, may be extended by the Board in its 
discretion, upon request and for good cause. See 49 CFR 1104.7(b).
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    The Board's Office of Environmental Analysis will review the 
information that it has requested from Applicants needed to initiate 
the environmental review of the proposed transaction. The Board will 
address environmental review issues in a subsequent decision.

    Decided: September 24, 2025.

    By the Board, Board Members Fuchs, Hedlund, and Schultz.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2025-18753 Filed 9-25-25; 8:45 am]
BILLING CODE 4915-01-P